Define stand by spares.

Q: Define LIFO conformity rule.

A: Last-in-First-Out (LIFO): In this method, items purchased recently are sold first. So, the value of…

Q: Define the term line positions.

A: Employees in the line positions are primarily responsible for achieving the goals of the…

Q: nd functionalit ery truck cam when should allenger and

A: Equivalent Uniform Annual Cost(EUAC) is annual cost computed by discounting cost with discounting…

Q: Define forward contract.

A: It is a form of derivative contract which is used as an agreement

Q: Define T- account.

A: Transaction:   It is an economic event that is recorded in the accounting system of an organisation.…

Q: Define Assigning.

A: Assigning is a process of assignment. Assignment means a transfer of a right to receive a…

Q: Define direct write-off method

A: Accounts receivable: Accounts receivable refers to the amount to be received within a short period…

Q: Explain IO and PO Strips?

A: Interest only (IO) strips are a financial product shaped by unraveling the principal and interest…

Q: Define the term transportation costs.

A: Cost: Cost is that amount which is paid to get something from the any supplier and the amount which…

Q: briefly explain what is meant by breakven points

A: Cost accounting is the part of accounting that helps in determining the total cost of production. It…

Q: What are IO and PO strips?

A: Mortgage-backed securities: The financial instruments intended in raising investment which is…

Q: What is meant by Remainderman?

A: The remainderman is a beneficiary that receives the principal left in an estate or trust after a…

Q: Define terminal value

A: Terminal value is the value of the project or the security at the end of a specified future date.…

Q: Define covered call option

A: Covered call option It alludes to financial market exchanges where the financial specialist who…

Q: Differentiate between physical units and equivalent units

A:

Q: Define the term Contract Modifications.

A: Accounting: Accounting is an art of collecting, recording, summarizing and presenting the financial…

Q: D. Determine the billing price

A: Overhead means the cost incurred indirect in factory for the production of goods. Total cost placed…

Q: Define going-concern assumption

A: Definition: Accounting: Accounting is a system, or a process of collecting and organizing economic…

Q: Define conversion ratio

A: Ratios are used in financial analysis to determine different aspects about the financial condition…

Q: Define call and put option.

A: Options give the buyer the right to purchase but not the obligation to execute the contract. The…

Q: Define ask quote (or ask price)

A: The recent price of stock or security at which stock or security is purchased and sold in the stock…

Q: Managemer be obiect

A: True

Q: Distinguish between time limit orders and Limit orders

A: Order- It is an instruction to buy or sell on a trading venue such as stock market, bond market, or…

Q: Define characteristic line

A: Characteristic line is a graphical representation of alpha (α) where alpha is the difference between…

Q: Prepare an inc

A: In this problem we need to calculate operating income from the given…

Q: What is an LBO?

A: Leveraged buyout (LBO): It is another firm's takeover, employing a huge sum of borrowed capital to…

Q: Define Will.

A: A will is a legal document in which a person specifies how his property is going to be distributed…

Q: Explain Bill-and-hold concept.

A:

Q: Define claim

A: Corporation - An organization that has been registered as a corporation under a corporation act has…

Q: Describe about the Going concern assumption with example.

A: Accounting:   Accounting is the process of recording the financial transaction of the organization…

Q: Define the term margin of safety.

A: Definition: Cost-Volume-Profit (CVP) Analysis: It is a method followed to analyze the relationship…

Q: Define T-bill

A: A Treasury bills which are also known as T-Bills are mainly issue by Government of country. These…

Q: Define the term Force account?

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: Define spread, underwriting

A: Difference between two prices or rates can be called as spread. But spread has different meanings…

Q: Describe about the assignor.

A: Contract:      Contract refers to an agreement between two parties which is legally enforceable by…

Q: Define call provision

A: The bonds refer to the debt securities that allow the issuer to raise capital from external sources,…

Q: artnership should be adjuste

A: Partnership is a type of business. In partnership there are some Reconstruction of partnership event…

Q: Define anchoring

A: ANCHORING- ''Anchoring is that the use of extraneous info, like the acquisition worth of a security,…

Q: Define contra account

A: Financial Accounting: Financial Accounting can be defined as an activity of recording financial…

Q: Define Profi t margin

A: financial ratios are created with the use of numerical values taken from the financial statements.

Q: Distinguish between direct material and indirect material.

A: Direct materials will be materials that are devoured during the creation of an item as either…

Q: illustrate IO and PO strip tranches with example?

A: Tranches: The Layers of financial risk and interest payment method arranged by the financial…