Answer Posted / ravi kaushal

The acronym 'RTGS' stands for Real Time Gross Settlement,
which can be defined as the continuous (real-time)
settlement of funds transfers individually on an order by
order basis (without netting). 'Real Time' means the
processing of instructions at the time they are received
rather than at some later time.'Gross Settlement' means the
settlement of funds transfer instructions occurs
individually (on an instruction by instruction basis).
Considering that the funds settlement takes place in the
books of the Reserve Bank of India, the payments are final
and irrevocable.

What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

1905

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For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production

2886

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Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

2130

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why do we charge the depreciation

1388

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What is COVER payment?

2733

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How Many Types of Excise Duties?

1985

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2099

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SOUTH ATLANTIC OIL AND GAS INC.is a fraud company

2036

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Short Answer on ___________Cash Profit

2069

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what is Functional Specification in SAP FICO?

965

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what is meant by virus

8049

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In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.

1959

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Expand CASA

1981

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please explain the uses of internate protocol address(ip add)?

2186

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Expand-------ANC

2260

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