Answer Posted / vijay negi
CTC is stands for'Cost to the Company'. It means the total
cost that the Company is spending on you. But 'Gross' is
the total salary and benefits that you draw from a Company.
Is This Answer Correct ? | 15 Yes | 2 No |
Post New Answer View All Answers
what is the meaning of call in arear
income from depreciated asset is profit or loss?
What is Acquisition?
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
What type of question generally asked in Brokerage Firm ?
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?
how to entry in tally for other person check received
what is contigent liabilities? whats it status in balance sheet?
wat is the fundamental analysys& technical analasys?and wat is the difference bewween fundamental analysys&technical analasys?
What do you think you do well?
Short answer on____________Assessment Year
when apply for ragistred in central excise no