Define semiannual compounding

Q: artners' Agreement

A: Partnership according to section 3 (1) of the partnership act 1961 is known as the relation between…

Q: The two major translation methods currently used are:      a. Historical exchange rate and…

A: correct option is D i.e. current rate and temporal

Q: Define staggered terms

A: Answer: Staggered terms are nothing but an agreement that only a definite number of members of a…

Q: Describe any differences in segment disclosure requirements between U.S. GAAP and IFRS.

A: International Financial Reporting Standards IFRS is a set of global accounting standards issued by…

Q: Define each of the following terms:h. Divestiture; spin-off

A: We can define the terms as follows:

Q: On the level of exchange allocate the following types of a transfer: А External B Internal C…

A: The question is related to on the level of exchange the types of transfer allocation.

Q: Define Permanently Restricted Contributions based on the U.S. GAAP SFAS. Define Restricted Support…

A: Generally accepted accounting principles (GAAP) are a set of accounting principles, standards, and…

Q: Define each of the following terms: i. The euro

A: The European Economic and Monetary Union (EMU), or EU, comprises of 28 part countries, of which 19…

Q: When is the midmonth convention used? Give an example?

A: Depreciation means decline in the estimation of benefit inside its valuable life because of mileage…

Q: Define Temporarily Restricted Contributions based on the U.S. GAAP SFAS.

A: Statements of Financial Reporting Standards were created to address particular accounting concerns…

Q: Define the term Equal-Payment Series?

A: The goal of this method of investment is to determine the present value of an equivalent payment…

Q: Describe the method used to establish the Economic equivalence at period 0?

A: Economic Equivalence sets the cash flows in such a way that its value is adjusted for the time…

Q: Define compound interest

A: Compound interest: Compound interest is the accumulation of interest to the principal amount of a…

Q: Settlement period for trade payables Inventories turnover period

A: Settlement period of payables means the period within which the payables has been paid off by the…

Q: Define Temporary difference.

A: Definition:   Account: Account is the basic record that reports all changes in the value of…

Q: Discuss the term ‘co-payment

A: Co-payment is a very important term in the field of health insurance.

Q: Briefly describe how IFRS guidelines for recognizing revenue from multiple-deliverable arrangements…

A: Definition: Revenue recognition principle: Revenue recognition principle emphasizes, that the…

Q: state the importance of Balance of International Payment

A: The Balance of International Payment (or simply the Balance of Payment or BoP) is that statement…

Q: What are Equal-Payment Series?

A: Equal payment refers to the equal net periodic cash flows that an investor receives during the life…

Q: Differentiate between an originating temporary difference and a reversing difference.

A:

Q: What is the midmonth convention?

A: Depreciation means decline in the estimation of benefit inside its valuable life because of mileage…

Q: ortion

A: Corporation earning can we sub divided into parts  Use to distribute the dividend  Retain the…

Q: Define and differentiate a spin-off, split-off, and split-up.

A: A SPIN-OFF means when the company distributes its fresh issue of shares of the new subsidiary to…

Q: Define Homestead allowance.

A: Generally probate laws provide adequate protection to the family members of the decedent whom the…

Q: What is interim reporting period? Describe about it.

A: Interim financial statements are defined as a financial report containing either a complete set of…

Q: Define the following relative to like-kind exchanges: Boot Postponed gain or loss Gain or loss…

A: The like kind exchange is defined as the transaction of tax deferred which allows for asset disposal…

Q: reciprocal method

A: Direct Method Particulars Basis of Apportionment Bricks Bars Information Systems Personnel…

Q: Define seasonal dating

A: Introduction: When sales are seasonal an organization makes use of seasonal dating. For example,…

Q: exchange.

A: An exchange could be a marketplace wherever securities, commodities, derivatives and different money…

Q: Differentiate between spot and forward exchange rates

A: Introduction: The spot rate is the rate at which the actual deal or sale is to take place…

Q: nstrument is used by the exporter and nporter to fulfill their short term nancial requirement?

A: Banks provide credit to the business for import and export.

Q: Define installment Notes.

A: Installment note: Installment note is an obligation in which the defaulter needs to repay the…

Q: Give a detailed answer to the theoretical question Display graphically and explain the mechanism of…

A: Bills of exchange indicate a written agreement stating the obligation of one party to pay the due…

Q: Discuss the objectives of segmental information and the requirements for the disclosure of segmental…

A: Segmental information is the way of providing the overall information about the functioning and…

Q: Define annual vesting

A: Vesting is usually referred as the retirement benefit plans which have rights over the employee…

Q: How would an annual bonus paid at year-end be treated under IAS 34 and how does this treatment…

A: Under IAS 34 year-end bonus varies in a wide range. Some of them are regularly earned in the…

Q: Define the term the equal-payment-series compound-amount factor?

A: Equal-payment-series compound-amount factor: Equal payment series compound-amount factor is utilized…

Q: What is the minimum of the transfer price range for a transfer between the two divisions

A: Correct answer is P95 per unit.   When there is no spare capacity, then   Minimum Transfer Price =…

Q: illustrate the different exchange rates regimes.

A:

Q: Give examples of the Equal Payment Series?

A: The goal of this method of investment is to determine the present value of an equivalent payment…

Q: Define Eurobond.

A: Eurobonds allows corporations to raise funds by issuing bonds in a foreign currency. The bonds are…

Q: What is interim reporting?

A: Financial Reporting:   It refers to the disclosure of the financial results of the organization to…

Q: Explain with relevant examples  1. Primary Apportionment

A: Primary Apportionment is a concept related to the allocation and apportionment of overhead costs to…

Q: Discuss briefly the nature of a swap and its primary component.

A: A swap is a derivative contract trough which two parties exchange cash flows or liabilities from two…