Explain AMENDMENT OF TIME FRAMES?

Q: Explain renewal probability?

A: Answer: Renewal probability is nothing but the average percentage of renters in a building that is…

Q: Explain constant prepayment assumptions?

A: Prepayment refers to the settlement of debt before its actual due date. The model which determines…

Q: What are the important feature of a perpetual system?

A: Perpetual inventory system: The method or system of maintaining, recording, and adjusting the…

Q: Define the term Continuous Compounding?

A: Continuous compounding is as far as possible which accumulating funds can surpass in the event that…

Q: What are the use of time series?

A: Time series is a sequence of different points which occurs at successive orders at different time…

Q: What is the difference between a perpetual and a periodic system?

A:

Q: What is the End-of-Period Convention?

A: As per the end-of-period convention, all incoming and outgoing payments (cash flows) of an…

Q: Define the term End-of-Period Convention?

A: Cash flows refer to the amount of cash that is either invested or received by the company during the…

Q: Explain Computing Holding Period Returns?

A: Introduction: Holding period returns (HPRs): Holding period return (HPR) is one of the investment…

Q: How does the change in the PBO occur?

A: Projected Benefit Obligation:   It is a pension concept in accounting as it is the present value of…

Q: What is Flip's Operating Cycle?

A:

Q: Explain the periodicity assumption.

A: Definition:   Generally Accepted Accounting Principles (GAAP): These are the guidelines necessary to…

Q: What is a prior-period adjustment?

A: Statement of retained earnings: This is a financial statement that shows the amount of net income…

Q: What is Continuous Compounding?

A: Continuous compounding: Continuous compounding is a kind of compounding countless number of times in…

Q: What is a subsequent event?

A: Financial statements are the records containing the trading account, profit and loss account and the…

Q: Define the term Time-based methods.

A: Allocation method: It is a method in which allocation base is expected to be consumed during the…

Q: List and describe at least three time series models.

A: The time series model is a forecasting model. Under this model, the historical data of the company,…

Q: Define a subsequent event.

A: Financial Statement: It refers to the annual reports of the company that is prepared at the end of…

Q: Discuss transaction cycles.

A: A transaction cycle is an interlocking set of the  business deals. Utmost of these deals can be…

Q: When is a GAAP departure appropriate?

A: Definition:   Generally Accepted Accounting Principles (GAAP): These are the guidelines necessary to…

Q: How can we determine a Compounding Period?

A: A compounding is the interest charged on interest. When any investment is made for certain years,…

Q: What is a Compilation?

A: Financial statements: Financial statements are condensed summary of transactions communicated in the…

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 time period concept.

A: Accounting principle: These are the guidelines which are to be applied while preparing the…

Q: perating cycle?

A: Definition: Operating cycle: Days by which, a business can be able receive inventory or sell it or…

Q: How are the actual time and approximate time counted?

A: As per Banker’s rule the interest on any loan is determined by two ways either using ordinary…

Q: What is APR?

A: In US, calculation as well as disclosure of Annual Percentage Rate is basically government by an act…

Q: Name the assumption relates to the qualitative characteristic of timeliness? Explain it.

A:

Q: find the period of deferral in this problem

A: Payments are made every 3 years. First payment occurs after 9 years.

Q: Define : Perpetual system and Periodic system

A: Inventory is one of the current asset of the business. It includes inventory of raw materials, work…

Q: What is a just-in-time management system?

A: Cost management system:   The system or unit of the entity which is responsible for management of…

Q: What are the two components of Time value?

A: Time Value: In the selling of options, the term value applies to a portion of the price on an offer…

Q: What is original maturity?

A: The maturity period of a security is the time period that represents a securities life. It is the…

Q: What is compounding frequency?

A: Compound interest - In this method, the interest is calculated on the balance at the end of each…

Q: Periodic Concept

A: The periodic concept is also called the time interval concept. It specifies the time period during…

Q: Define time line

A: Timeline is referred as the representation of a chronological sequence of events which is drawn such…

Q: What is the purpose of the timeline chart?

A: A timeline is a visual representation of a list of events in chronological sequence.  It is usually…

Q: Define time-series analysis

A: Time series analysis is an important technique used in statistics in finance. It has been defined in…

Q: Define Periodicity assumption.

A: Generally Accepted Accounting Principles (GAAP): These are the guidelines necessary to create…