Answer Posted / Prashant Chauhan
In accounting, 'finalization' refers to the process of completing and verifying financial statements. The steps typically involve adjusting entries, preparing trial balances, presenting financial statements (income statement, balance sheet, cash flow statement), and conducting an audit or review. Once the finalization is complete, the financial statements are approved by the board of directors and presented to shareholders.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What qualities have you got that would make you a good accountant?
Which accounting applications are your familiar with?
Tell me about a situation where you showed determination?
Please provide me the entire format of P.F. & ESI
VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI
Tell me what is your track record for consistently achieving your targets?
Have you ever made mis reports and what are they?
As you know account executives need to be talented salespeople. Do you have experience making sales?
How many invoices on average do you handle on a weekly/monthly basis?
Why did you choose the a-levels you did?
There is no item category assigned to account
what's the mean by Imprest system? Please give me Replay on this no. 9885789716
what are your current financial and accounting projects? What is your role?
Tell us what kind of work environment do you prefer?
What is account payee cheque? Expand ctc cheque?
