A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as __________ A. external debt B. good debt C. bad debt D. internal debt

1 Answer

Answer :

C. bad debt Explanation: The term bad debts usually refers to accounts receivable (or trade accounts receivable) that will not be collected.

Related questions

Description : A type of loan, where the bank or the lending institution provides the borrower with a loan that helps the borrower to pay off his all previous debts is termed as ________ A. Debt Recovery B. Debt Settlement C. Debt Management D. Debt Consolidation

Last Answer : D. Debt Consolidation Explanation: Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others.

Description : Which of the following is not a situation of irrecoverable agency a. Where the agency is coupled with interest. b. Where the agency has incurred a personal liability. c. Where the agent has partly exercised his duty. d. Where the agent doesn’t exercised his duty.

Last Answer : d. Where the agent doesn’t exercised his duty.

Description : On the basis of the size and composition of external debt, world bank has classified India as a A. heavily indebted country B. .moderate indebted country C. Less indebted country D. Severely indebted country.

Last Answer : .moderate indebted country

Description : Which of the following is an apex institution in the field of Industrial Finance? A. Industrial Reconstruction Bank of India B. Industrial Finance Corporation of India C. Industrial Development Bank of India D. Industrial Credit & Investment Corporation of India

Last Answer : C. Industrial Development Bank of India Explanation: IDBI is the apex financial institution and besides providing financial assistance on consortium basis, the major function of coordination between the ... , transport generation and distribution of power etc. both in private and public sectors.

Description : The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Last Answer : C. P2P lending Explanation: P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers.

Description : What is the term for a bank without any branch network that offers its services remotely? A. Internet only Banks B. Direct Bank C. Lending Institution D. Indirect Bank E. Online Bank

Last Answer : B. Direct Bank Explanation: A direct bank is a bank without any branch network that offers its services remotely via online banking and telephone banking and may also provide access via ATMs ... savings which they may pass on to clients via higher interest rates or lower service charges.

Description : EXIM bank is a __________. A. State-level institution. B. Regional -level institution. C. All India institution. D. International institution.

Last Answer : C. All India institution.

Description : Orange Corp. has a few large accounts receivable that total P2,000,000. Yellow Corp. has a large number of small accounts receivable that also total P2,000,000. The importance of an error in ... auditor's concept of: a. Materiality. b. Reasonable assurance. c. Comparative analysis d. Relative risk

Last Answer : Materiality.

Description : How does FDIC cover all accounts at one institution?

Last Answer : Feel Free to Answer

Description : Which one of the following statements is correct ? (A) Audit of an educational institution is compulsory if it is run by a charitable trust (B) A club is treated as a commercial establishment ( ... who belongs to accountancy profession (D) Audit of a charitable trust is not compulsory under law

Last Answer : Answer: Audit of an educational institution is compulsory if it is run by a charitable trust Free

Description : Which, institution is known as the ‘Soft Loan Window’ of World Bank ? (A) I.F.C. (International Financial Corporation) (B) I.D.A. (International Development Association) (C) I.M.F. (International Monetary Fund) (D) Indian Development Forum

Last Answer : Answer: I.D.A. (International Development Association)

Description : A firewall is installed at the point where the secure internal network and untrusted external network meet which is also known as ……………… A) Chock point B) meeting point C) firewall point D) secure point

Last Answer : A) Chock point

Description : External pneumatic compression has been advocated for the prevention of deep venous thrombosis during operative procedures. Which of the following statement(s) concerning the use of external pneumatic ... includes through the operation and for at least several days in the postoperative period

Last Answer : Answer: b, c, d In many well-controlled studies of venous prophylaxis, intermittent pneumatic compression has been found to be as effective as low-dose heparin therapy. In addition to augmentation ... be used through the operation and for at least five days in the face or prolonged immobilization

Description : A part of National Debt known as External Debt is the amount - (1) borrowed by its citizens from abroad (2) lent by its citizens to foreign governments (3) borrowed by its government from abroad (4) lent by its government to foreign government

Last Answer : (3) borrowed by its government from abroad Explanation: External debt (or foreign debt) is that part of the total debt in a country that is owed to creditors outside the country. ... governments, or international financial institutions such as the International Monetary Fund (IMF) and World Bank.

Description : A part of National Debt known as External Debt is the amount (1) borrowed by its citizens from abroad (2) lent by its citizens to foreign governments (3) borrowed by its government from abroad (4) lent by its government to foreign government

Last Answer : borrowed by its government from abroad

Description : If the goodwill raised at the time of retirement of a partner is to be written-off, then the capital accounts of the remaining partners are debited in– (A) New profit sharing ratio (B) Capital ratio (C) Old profit sharing ratio (D) Sacrificing ratio

Last Answer : Answer: Old profit sharing ratio

Description : Issuance of stamp duty on bonds is under ________ A. The Companies Act, 1956 B. The Public Debt Act 1944. C. Indian Stamp Act 1899 (Central Act) D. Reserve Bank of India Act, 1934 E. Both (A) and (C)

Last Answer : C. Indian Stamp Act 1899 (Central Act) Explanation: Issuance of stamp duty on bonds is under Indian Stamp Act 1899 (Central Act). A bond is transferable by endorsement and delivery without payment of any transfer stamp duty.

Description : A trad-able form of loan is normally termed as ________ A. Certificate of Deposit (CD) B. Inter Bank term Money C. Bill Re-discounting D. Debt Instrument E. None of the Above

Last Answer : D. Debt Instrument Explanation: A trad-able form of loan is normally termed as a Debt Instrument. They are usually obligations of issuer of such instrument as regards certain future cash flow representing Interest & Principal, which the issuer would pay to the legal owner of the Instrument.

Description : You are calibrating a multimeter using internal batteries to supply power for resistance measurements. However, you are unable to adjust the pointer to 'zero' using the adjustment knob. Therefore, you should ... change scales to the R X 100 scale and adjust using the 'zero ohms' adjusting knob

Last Answer : Answer: A

Description : On a Cheque instead of two parallel lines only bank‟s name is written is known as _________ A. Payable to bearer B. General Crossing C. Special Crossing D. Both (B) and (C) E. None of the Above

Last Answer : C. Special Crossing Explanation: When a particular bank s name is written in between the two parallel lines the cheque is said to be specially crossed.The effect of special crossing is that ... is written in the crossing. Specially crossed cheques are more safe than a generally crossed cheques.

Description : Current liabilities a. are obligations that the company is to pay within the forthcoming year. b. are listed in the balance sheet in order of their expected maturity. c. are listed in the balance sheet, ... . d. should not include long-term debt that is expected to be paid within the next year.

Last Answer : a. are obligations that the company is to pay within the forthcoming year. b. are listed in the balance sheet in order of their expected maturity.

Description : Which of the following is not one of the primary concerns in the Finance Department? a. Acquiring the capital needed for company activities. b. Establishing a dividend policy that maximizes the ... structure of the firm, its relationship between debt and equity. e. Deciding promo and sales budget

Last Answer : e. Deciding promo and sales budget

Description : What bank will give me a loan to pay off the debt I accumulated in college?

Last Answer : Banks such as Bank of America and Fidelity are very good at handing out loans that can be used towards college debts and school tuition, as they have good return policies.

Description : What are the other deposit accounts can be opened by an individual in where one holds „Basic Savings Bank Deposit Account‟? A. Fixed Deposit B. Recurring Deposit C. Another BSBDA D. Both A and B E. None of the Above

Last Answer : D. Both A and B Explanation: One can have Term/Fixed Deposit, Recurring Deposit etc., accounts in the bank where one holds ‗Basic Savings Bank Deposit Account.

Description : (i) In __________ Book-keeping system, only Cash/Bank A/c and Personal accounts of Debtors and Creditors are opened.

Last Answer : Fill in the Blanks : (i) In __________ Book-keeping system, only Cash/Bank A/c ... ____________ accuracy is not guaranteed under Single Entry System.

Description : What is the name of the largest national bank institution in India ?

Last Answer : The name of the largest national bank institution in India is: SBI.

Description : Which of the following is not an International Financial Institution A. ICICI B. IMF C. IDA D. World Bank

Last Answer : ICICI

Description : Which of the following is not an International Financial Institution? A. ICICI B. IMF C. D. IDA World Bank

Last Answer : ICICI

Description : The setting up of the National Housing Bank (NHB), a fully owned subsidiary of the Reserve Bank of India in _____ as the apex institution marketed the beginning of emergence housing finance as a fund based financial services in India.(a) 1987, b) 1978, c)1988)

Last Answer : c)1988)

Description : The First Bank of the United States was: (a) A Private Corporation (b) Government’s Institution (c) City worker‟s operated (d) Industrial management

Last Answer : (c) City worker‟s operated

Description : Which of the following is not an apex institution? (a) SIDBI. (b) NABARD. © SBI. (d) State Cooperative Bank.

Last Answer : © SBI.

Description : Interrupts which are initiated by an I/O drive are ___________ A. internal B. external C. Both (A) and (B) D. All of the above

Last Answer : B. external

Description : Interrupts that are initiated by an instruction are_______ A. internal B. external C. hardware D. software

Last Answer : D. software

Description : Which bus connects all the internal components of a computer such as CPU and memory to the main board(motherboard)? A. Expansion Bus B. External Bus C. Internal Bus D. None of the Above

Last Answer : C. Internal Bus

Description : The word "Computer" usually refers to the Central Processing Unit plus: a) Input Devices b) External Memory c) Internal Memory d) None of The Above

Last Answer : c) Internal Memory

Description : Which type of commands in DOS needs additional files for their execution? 1) Internal Commands 2) External Commands 3) Batch Commands 4) Redirector

Last Answer : 2) External Commands

Description : Which type of commands in DOS needs additional files for their execution? 1 Internal Commands 2 External Commands 3 Batch Commands 4 Redirectors

Last Answer : 2 External Commands

Description : What is the difference between an external iterator and an internal iterator? Describe an advantage of an external iterator.

Last Answer : An internal iterator is implemented with member functions of the class that has items to step through. .An external iterator is implemented as a separate class that can be "attach" to ... iterator has the advantage that many difference iterators can be active simultaneously on the same object.

Description : What type of ethical hack tests access to the physical infrastructure? A. Internal network B. Remote network C. External network D. Physical access

Last Answer : D. Physical access

Description : What type of ethical hack tests access to the physical infrastructure? A. Internal network B. Remote network C. External network D. Physical access

Last Answer : D. Physical access

Description : Malicious users are also called as : a. External attackers b. Trusted users c. hacker d. Internal attackers

Last Answer : d. Internal attackers

Description : What type of ethical hack tests access to the physical infrastructure? A. Internal network B. Remote network C. External network D. Physical access

Last Answer : D. Physical access

Description : what type of ethical hack test access to the physical infra structure (a) internal network (b) remote network (c) external network (d) physical network

Last Answer : (d) physical network

Description : What type of ethical hack tests access to the physical infrastructure? A. Internal network B. Remote network C. External network D. Physical access

Last Answer : Answer. Option D.

Description : What type of ethical hack tests access to the physical infrastructure? ∙ A. Internal network ∙ B. Remote network ∙ C. External network ∙ D. Physical access

Last Answer : D. Physical access

Description : Define internal and external commands.

Last Answer : Internal Commands: Commands which are built into the shell. For all the shell built-in commands, execution of the same is fast in the sense that the shell doesn't have to search the given path for them in ... usually is at /usr/bin, the executable /usr/bin/cat gets executed. Examples: ls, cat etc. 

Description : Which of the following statements reflect nursing interventions of a patient with post-polio syndrome? a) Providing care aimed at slowing the loss of strength and maintaining the physical, ... and cold are most appropriate because these patients tend to have strong reactions to medications.

Last Answer : a) Providing care aimed at slowing the loss of strength and maintaining the physical, psychological and social well being of the patient. No specific medical or surgical treatment is available for ... loss of strength and maintaining the physical, psychological and social well being of the patient.

Description : Developing a vision and mission, identifying an organization's external opportunities and threats, and determining internal strengths and weaknesses are all __________ activities. a. strategy-formulation b. strategy-implementation c. long-range planning d. short-range planning

Last Answer : strategy-formulation