vanadhi ramasami


{ City } salem
< Country > india
* Profession * salem
User No # 90889
Total Questions Posted # 1
Total Answers Posted # 6

Total Answers Posted for My Questions # 7
Total Views for My Questions # 8072

Users Marked my Answers as Correct # 64
Users Marked my Answers as Wrong # 16
Questions / { vanadhi ramasami }
Questions Answers Category Views Company eMail

Hi am a MBA FINANCE student,Would anyone suggest what course will be good to take up further , either CWA or CS. Hope you will fulfill the need.

7 Banking Finance 8072




Answers / { vanadhi ramasami }

Question { 24374 }

What is difference between profit, revenue?


Answer

Revenue is the nominal item that arises due to a sale of
product or service whereas profit is the gain that arised
due to such a sale,i.e. the revenue exceeds original cost
of the product sold.

eg, Cost of a bag=Rs.500
Sale price of the bag=Rs.600
Revenue= Rs.600
Profit=(600-500)=Rs.100

Is This Answer Correct ?    3 Yes 4 No

Question { Ascent, 10976 }

Difference Between FBT and TDS?


Answer

FBT: Fringe Benefit Tax is the tax that is collected on
employer expenditure,ie,for every expense an employer done
for employee like conveyance,free food breverages etc.They
are not deducted @ source.

TDS: Tax Deducted @ source which is common for payment and
recepits. Either thing the the neccessary tax amount is
deducted from total amount and the seme will be remitted to
IT.

Is This Answer Correct ?    3 Yes 0 No


Question { 5430 }

what is derivatives?


Answer

It can be defined as something which derives its value from
an underlying product being a stock,currency,or anything
that carries a market price.The market price is subject to
fluctuations due to vapour factors defeating its demand and
supply there by associating itself to various stand alone
factors. So derivatives is a by-product of the core
product,which can be used to hedge, speculate and also
undertake arbitrage activities.

Is This Answer Correct ?    4 Yes 0 No

Question { 7165 }

what is capital good and asset as per excise.


Answer

Capital Goods are those which are used in direct
manufacturing of a Finished Goods.Assets are those used not
in direct manufacturing but for secondary purpose.As per
CENVAT credit facility is available (like 50% in year
capital goods purchased and remaining 50% in subsequent
year of purchase).

Is This Answer Correct ?    16 Yes 2 No

Question { ACS, 15943 }

What do you mean by domestic expenses?


Answer

Domestic Expenses are own expenses occur due to personal
uses.This expense can be controlled were it is not fixed
i.e. can be avoided . Eg. Party expenses.

Is This Answer Correct ?    14 Yes 5 No

Question { 33907 }

Where is we show Discount Received in which head?


Answer

Discount Recevied is an Income due to immediate payment of
a sale or a credit sale.Discount is a Nominal Account and
thus posted in P&L account credit side under Discount
Recevied head.

Is This Answer Correct ?    24 Yes 5 No