Finance & Business Question and Answers

Amazing lol, I WAS JUST WONDERING?


Question:
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Answers:
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How to reimburse the petty lolly fund?


Question:
In reimbursing the petty cash fund:

a.Cash is debit.

b.Petty Cash is credited.

c.Petty Cash is debited.

d.Appropriate expense accounts are debit.

e.No expenses are recorded.

Answers:
d. Appropriate expense accounts are debit (and Cash is credited)
Petty Cash is debited. Keep contained by mind that this transaction only occur when the maximum amount in the reason is increased or decreased. I assume since the fund is man reimbursed, the maximum amount has be used.


State 10 differences between domestic business and international business?


Question:


Answers:
10 differences
1) domestic is restricted to a small local area for its business happenings
2) international is world wide and usually have more than one office
3) taxes are different for respectively one
4) costs are normally greater for international businesses
5) regulations and registrations, licencing are different for each
6) federal export certificate and foreign laws must be considered for international business
7) access to information is easier for local or domestic business
8) business may be required to submit dual financial collection for international companies depending on disclosure laws of that country
9) international business is usually much larger on the subject of personnel. expenditures etc
10) domestic business include those that do not have clients outside their instant area such as Service companies, approaching a contracting business or a plumbing business




Where can I find price of cellulose acetate or plastic on the internet?


Question:
Where can I find price of cellulose acetate or plastic on the internet?

Answers:
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Sample of minutes of meeting?


Question:
minutes of meetings

Answers:
Start by writing down who is supposed to be at hand, highlight or use asterisk to show who in fact was within. Next detail how the meeting be opened and by whom, write down weather the minutes from finishing meeting be okay-ed or rejected. If something has to be voted on or agreed to write that down. Who presented the philosophy and such like that. If everything be good at the concluding meeting you will start by taking follow-up of each point discussed then putting the items surrounded by paragraph form to detail each subject. Good luck




If x=47% of my per annum take-home pay, at this current rate how do I integer my once a year take-home pay for the remaining 53% is?


Question:
So let me explain this a bit better:

As of my last paycheck I own earned X amount of dollars which, given that the year is 47% over for that clear period how would I numeral the remaining 53% is if I assume my pay will be at indistinguishable rate. I know I figure this out by multiplying my hourly rate and blah blah, I only just want to know what the algebraic equation would be.

Answers:
53/47 multiplied by X
Take the amount you've earned so far (X) and divide it by the 47% for the amount of the year that have past. This will confer you the total annual salary. Then lately subtract from that number what you've earned so far (X).

(X/.47) - X = income remaining.

Example: earned 23,500 so far.

(23,500/.47) = 50,000 annually. 50,000 - 23,500 = 26,500 remaining earnings to be paid. (26,500/50,000 = 53%)


Does privatisation of profitable sector boost Indian Economy?


Question:


Answers:
anything under public sector cannot function competently because beaurocrats have a predisposition of not showing flexibility. what is so called profitable sector are not profitable due to value but because of the sector being any monopolistic or semi monopolistic. we are seing in our eyes the difference brought contained by due to liberalisation since the 90s. otherwise we also would have be among the one like poor african countries!
no profitable sector, including industries and services, should be owned by political affairs...
yes, as the govt officials does not work properly and go and get pention after retirement which is an backdraw to the country's economy.

Private sector does not provide subsidy but provides much better service than govt.
yes. Privatisation help to make a profitable business which increases our indian Economy.

in a minute a days private sector which gives more profit than govt sector.
Privatisation is profitable.But if the full public sector is privatised the people will be frontage so many problems.The costs will be more.The population cannot act agnist them.As close to profits there is troubles also. So privitasation not to exceed toomuch.
Yes!
privatisation of of profitable sector will boost indian cutback. people working contained by the sector are commited and strain to show results. the hiearchy level is low decree and therefore control is graceful.


Invention hypothesis comfort?


Question:
Ok i have this opinion, it might have already be thought out, but i dont no. the thing is its not detailed or anything at adjectives. and i dont want to be the inventer i just want to no a place where on earth i could email or something my idea and they could catch someone to invent it? duz anyone know where i can convey an idea approaching this without have to fill out a big form (since it is just a totally broad non detailed idea)?

Answers:
You need to government grant your idea!

Go to this site: http://www.patentsearchexpress.com/requi...
Beware of Invention Scam!
http://www.inventnet.com/scam.html...


Annual Percentage Yield?


Question:
If I open a disc and the Annual Percentage Yield is 4% how do I now how much I will label?

$1000 CD for 3 months @ 4% APY

Thank You,
Ken

Answers:
$9.85

CDs, as required lower than the Truth in Savings Act (TISA), is compounded day after day. This means your APR will be 3.922%.

Your return will be Principle * {[1+APR*(Days/365)]^(Days)]. Subtract ou tht principle and there's your interest.

You can check my math beside this:
http://www.bankrate.com/brm/calc/cdc/cer...




Ebay- Used to know how to see a brief item heading, wholesaler and price so that you could find related items.?


Question:
CAn you still get that information? I bought an item almost 2 years ago and need to know when i bought it and from who ?
gratefulness for your help.

Answers:
Unfortunatly that info is with the sole purpose on record for 90 days. However if you or the vendor exchanged feedback, you could find them in your feedback profile any as "feedback left" or "feedback received" and use the contact seller forum to email them a cross-examine.
If your seller is no longer a user on ebay "NARUed" after your email won't got thru. Hope this help.

Good Luck




True/False accounting question! please give support to!!?


Question:
37)Net income under accrual timing is subject to more distortion than currency flow from operations cuz of massive accruals and deferrals that can impact reported income
38)If a comp's rev exceed expenses, afterwards the net income will explanation a credit to be recorded to retained proceeds in the closing closing entry
39)Those firms that make relatively conservative estimates for their accrue and deferred adjustments are said to hold financial reports disclosing a higher characteristic of earnings
40)Closing entries are required by GAAP principles, while ajusted entries are not compulsory
15)The payment of a liability surrounded by cash will cutback owners equity
18)It is not possible for the not here side of the equation to both increase and decrease as a result of equal transaction
23)An example of ongoing operations is rev earn thru the sale of a modern car by a coup¨¦ dealership
24)An example of rev earned from ongoing operation activities is the Dutch auction of an extended warranty contract on a washer and dryer

Answers:
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Using paypal.?


Question:
How does paypal save you from online scams/

Answers:
It save your personal data from individual stolen.

If you buy something from company XYZ normally you enjoy to give them your credit card number and permit them charge the price and hope that no one steals that facts. If Pay Pal is involved in the transaction consequently you give the credit card number to Pay Pal and company XYZ get their money without ever seeing your full credit card number.

If XYZ's information base is hack into or if XYZ is run by people who want to scam you later your credit is a risk, with Pay Pal the risk is lower. Since the complete idea of Pay Pal is to save the credit card numbers secure they work massively hard on their surety to keep it support and if they get hack into and have their credit card numbers stolen next the entire business could fail. So their financial guarantee is job number one near them.

With company XYZ job number one is selling you their products. Security is nice to own and needed, but it isn't as critical as it is to Pay Pal and you.
They don't give out information to a third deputation
If you follow paypal's guidelines they will protect but if you don't then you aren't covered.
Just approaching the first guy said, and they back the purchases near a guarantee that they will cover any fraud. It may take a while (it took me over a year) but they come through because I was competent to prove the product I purchased and the product I received were not alike.


Suggest some question plez..?


Question:
Can you suggest some questions I can ask my respondents in the region of how they percieve India? I am researching on 'Brand India' and want to know how people percieve it to find out whether India's percieved sign is different from its intended image. So the question can be on a wide reach of topics- food, language, as a business activity, tourist destination etc.
Also I am thinking of asking both Indians and non-Indians.

Answers:
I have be to Mumbai and been shocked and/or pleased at what I observed,probably in the space of 5 minutes. The huge divide between rich and poor; the crowded but well-run railway system; the helpfulness of the people;the delicate parks where cricket is played [Churchgate]; everything is inexpensive;the surprisingly elevated standard of education [well ,contained by the cities]
I perceive it as a fast growing nation,which, because of its english and childhood, will overtake China in G.N.P. within the next 50 years.
my perception as a impartially well of canadian is india is a place I wouldnt want to call in, personally. Apparently it is a second or third world country next to massive over population, and there is deeply little modern infastructure in the citys. The marine makes tourists below par, and there is lot of flies. Also near is bear bait and dancing bear throughout, which is animal cruelty. Thats the honest perception we are given from todays media.
ask them give or take a few the indian caste system


Why doesn't Costco present express lane (at least possible during zenith hours)?


Question:
Don't you hate when you only did your Costco weekly/monthly shopping and then you forget one piece. Then you have to stand bringing up the rear someone doing $500.00 worth of shopping?

Answers:
payroll is the biggest expense of any company. to add extra cashiers would donate extra payroll. look around next time you are in that, how many ethnic group are buying just 10 items? Maybe you want to suggest it to the owners of the company.
It's simple-costco tries to have respectively line an express row. The cashiers are recorded for how copious members travel through per hour, and so don't worry, they will move about fast adequate to where it's freshly as buying $500 of $5 worth of things. If not, then you inevitability to come to my line. speedy speedy. ;)


Accounting question -- True or False relief!!?


Question:
6)Independent CPAs in the public practice of accounting are view as employees of their clients
16)An "account" is a standardized format used to build up the effects of transactions on each financial statement item
29)In the long run, companies must report positive bread flow from operating activities surrounded by order to be successful. A company such as Papa John's that shows positive change flows from operation over time will be less plausible to need to borrow/issue more stock to nouns expansion
32)The trial balance, prepared in half a shake after all transactions of the term have be recorded and posted, should show adjectives account balance that are in the ledger(T-accounts)
33)An expense incurred and owed at the shutting of the accounting year will not be recognized until it is salaried next year
35)It is important to prep income statement 1st cuz we need to know network income or loss for the period surrounded by order to computer climax retained earnings on the statement of stockholders' equity

Answers:
Well... I am a CPA and a financial analyst.

6 False. Very false. Their nouns means they must be, by statute, by their engagement letter and by nouns independent of their clients. This is only true on deeply rare occassions where on earth a public CPA firm is engaged to do specific accounting tasks (e.g. compile the books).

16. True - by definition

29. True. Always true. You can't lose money forever. Companies progress from their cash-losing start-up period to a growth length, whereby they must generate positive cash flows - if not they will go out of business.

32. True. If done correctly.

33. False. Accounting is done under the accrual font. The expenses is recognized when it is a) measurable, b) potential and c) incurred

35) False. It is not necessary to do it adjectives first. Accounting is done under the double-entry proof. Which means that if you do accounting on the match sheet or income statement, it all balance. So if you do the income statement items first, it will flow through to the balance sheet. If you do it final, it will still flow to the balance sheet. However, it is EASIER to reconcile the change in retained yield on a net justification - but it is not required.
6. False. They provide their own materials and use their own methods and have their own place of business.
16. True That is the residence that is used.
29. This should be logically true, but mostly is not. Company policy has more to do beside this than anything else. Tough to get a loan, if you are losing money. But this have little to do with your question.
32. True. If you don't, you are going to have an error sometime.
33 False assuming you are on the accrual system. True if you are on a currency basis.
35. True. Unless you purely want to guess.
I was a financial analyst, not an accountant. Perhaps you can describe from my comments. If a CPA gives you different answers, lug theirs not mine. But my answers are more valuable contained by the real world of business.
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www.accountstutor.4t.com


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