What is the requirement on Federal Truth-in-Lending (FTL)?

Q: How do IFRS and U.S. GAAP differ with respect to the classification of debt that is expected to be…

A:

Q: What is meant by a participation loan? What does the lender participate in? Why would a lender want…

A: Participation loans: It is a type of loan in which the lender shares the net operating income of the…

Q: One measure of "ability to pay" the national debt is the debt to

A: Debt/GDP  Debt to GDP ratio indicates that ability of country to pay national Debts. By comparison…

Q: Is Michael's computation correct? Is the bank's computation fair? Why?

A: Time value of money (TVM) means that the amount of money that we received today will be worth more…

Q: what is the best provisioning methodology in loan impairement and why?

A: Impairment refers to a reduction in an asset's value. It's similar to depreciation but it's applied…

Q: Discuss the primary differences between U.S. GAAP and IFRS with respect to investments.

A: GAAP: It is the standard guidelines that are commonly used for financial reporting. These guidelines…

Q: Explain the requisites of the negotiability of a  bill of exchange.

A: Bill of exchange is a negotiable instrument written by the drawer on a drawee where drawer gives an…

Q: Which of the following loan commitments are within the scope of IPFRS 9? * Loan commitments that the…

A: the following loan commitments are within the scope of IPFRS 9:: Loan commitments that can be…

Q: What is a federal deficit? How is it managed?

A: A deficit implies when a nation's expenditure surpasses the nation's revenue. That means deficit…

Q: What does deficit spending require a government to do?

A: Deficit spending is termed as when the expenditure is more than the earnings.

Q: ill of exchange important? Why

A: Bill of exchange is some sort of promise to other that he will pay the given amount on a given date…

Q: GSIS loans

A: GSIS Loan  The general qualifications are actually quite simple just like the other government…

Q: Which are the Federal and State Securities Authorities?

A: The question is based on the concept of security authorities working in United State. The law of…

Q: What is GSE (government-sponsored enterprise) debt?

A: Government-sponsored enterprises (GSEs) are the bonds which are supported by U.S. government. These…

Q: Discuss the primary differences between U.S. GAAP and IFRS with respect to accounting for…

A: Under IFRS, defined benefit plan assets are valued at fair value. Under U.S. GAAP, defined benefit…

Q: ndholders. areholders. areholders and the federal government.

A: Interest tax sheild is the reduced cost of capital due to the advantages of tax deductions.

Q: What are the issues in the exposure draft, Debt (Topic 470)? Analyze it

A: The FASB issued an Exposure draft titled debt(470) which aims at simplifying the classification of…

Q: Describe the purpose(s) of various federal securities laws.

A: Security law is a group of regulation that are framed and govern for the  issuance of securities.…

Q: Explain the Federal National Mortgage Association (FNMA)?

A: The Federal National Mortgage Association (Fannie Mae) is a federal corporation that guarantees…

Q: aims of the Basel II capital accords

A: The Basel Committee on Bank Supervision (BCBS) established the Basel Accords, a series of three…

Q: Define the term truth-in-lending laws? What are its requirements?

A: Answer: The 1968 Truth in Lending Act (TILA) is a federal statute of US aimed at encouraging…

Q: Explain the differences between domestic debt and external debt.

A: Debt is defined as money borrowed through one party by another. Many businesses and people utilize…

Q: lending

A: The term net lending is defined as an economic measure which measures as to whether the government…

Q: Explain Issuance of loans to unworthy entities with examples

A: Issuance of loan to unworthy entities means granting of loans to the entities having a poor…

Q: What types of loans does the IMF provide?

A: IMF refers to International Monetary Fund.It is an international organization that helps in the…

Q: Discuss the primary differences between U.S. GAAP and IFRS with respect to revenue recognition.

A: IFRS revenue recognition is directed by two primary standards and four general interpretations. On…

Q: Why would a lender be willing to make a participation loan?

A: Introduction: Participation loan is a form of loan in which lender is participating in net operating…

Q: Why would an investor-borrower want a participation loan?

A: SOLUTION:- Participation loan: it is a kind of loan in which lender participates in the net…

Q: What is Secured Borrowing?

A:

Q: what are the legal aspects concerning bill discounting?discuss the decision analysis for factoring…

A: Bill Discounting is a business-related activity in which unpaid bills from a firm that are expected…

Q: Which types of loans to executives are permitted by the Sarbanes–Oxley Act?

A: Personal loans to executives are not allowed under Sarbanes–Oxley Act as it may lead to lack of…

Q: Government debt securities are issued by Whose obligations are they?

A: Government debt securities are those securities that are issued by the federal government to provide…

Q: Which of the following items would most likely be classifi ed as a fi nancing activity? A . Issuance…

A: Financing activities are a major part of any entity. These activities are correlated to the issuance…

Q: What are Statutory Legal Reserve and revenue reserve?

A: A reserve refers to the amount that is put aside by the Company for following purposes that are:-…

Q: What is SBA Loans

A: Loans- Business loans, also known as commercial loans, are a type of finance used to fund business…

Q: What transactions do you prefer to use negotiable instruments?

A: Negotiable instruments are written contracts whose benefit could be passed on from its original…

Q: Evaluate whether IB can charge fee on extending commercial guarantee.

A: An introducing broker(IB) are the brokers in the future market who have a close connection with the…

Q: What are some steps taken by both the FASB and IASB to move to fair value measurement for financial…

A: International Financial Reporting Standards: IFRS (International Financial Reporting Standards) is a…