What is the business process area that performs funds analysis and budgetary accounting in GFEBS?

What is the business process area that performs funds analysis and budgetary accounting in GFEBS?
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Which of the following are tools of management accounting? (i) Decision accounting (ii) Standard costing (iii) Budgetary control (iv) Human Resources Accounting A. (i), (ii) and (iii) B. (i), (iii) and (iv) C. (i),(ii) and (iii) D. (i), (ii), (iii), (iv)

Description : Which of the following are tools of management accounting? (i) Decision accounting (ii) Standard costing (iii) Budgetary control (iv) Human Resources Accounting A. (i), (ii) and (iii) B. (i), (iii) and (iv) C. (i),(ii) and (iii) D. (i), (ii), (iii), (iv)

Last Answer : C. (i),(ii) and (iii)

If You need to process a purchase order in GFEBS?

Description : If You need to process a purchase order in GFEBS?

Last Answer : Need answer

What does ME 5 1 N mean in GFEBS?

Description : What does ME 5 1 N mean in GFEBS?

Last Answer : What is the answer ?

Which of the following is a quality management system that gives titles to specialists and requires a cost-benefit analysis? Select one: a. Lean accounting b. Business process re-engineering c. Kaizen d. Six Sigma e. Total Quality Management

Description : Which of the following is a quality management system that gives titles to specialists and requires a cost-benefit analysis? Select one: a. Lean accounting b. Business process re-engineering c. Kaizen d. Six Sigma e. Total Quality Management

Last Answer : d. Six Sigma

A CPA firm is considered independent when it performs which of the following services for a publicly traded audit client? a. Serving as a member of the client’s board of directors. b. Accounting information system design and implementation. c. Tax return preparation as approved by the board of directors. d. Determining which accounting policies will be adopted by the client

Description : A CPA firm is considered independent when it performs which of the following services for a publicly traded audit client? a. Serving as a member of the client's board of directors. b. ... approved by the board of directors. d. Determining which accounting policies will be adopted by the client

Last Answer : Tax return preparation as approved by the board of directors.

A CPA firm is considered independent when it performs which of the following services for a publicly traded audit client? a. Serving as a member of the client’s board of directors. b. Accounting information system design and implementation. c. Tax return preparation as approved by the board of directors. d. Determining which accounting policies will be adopted by the client

Description : A CPA firm is considered independent when it performs which of the following services for a publicly traded audit client? a. Serving as a member of the client's board of directors. b. ... approved by the board of directors. d. Determining which accounting policies will be adopted by the client

Last Answer : Tax return preparation as approved by the board of directors.

A CPA firm is considered independent when it performs which of the following services for a publicly-traded audit client? a. Serving as a member of the client's board of directors. b. Determining which accounting policies will be adopted by the client. c. Accounting information system design and implementation. d. Tax return preparation as approved by the board of directors.

Description : A CPA firm is considered independent when it performs which of the following services for a publicly-traded audit client? a. Serving as a member of the client's board of directors. b. ... information system design and implementation. d. Tax return preparation as approved by the board of directors.

Last Answer : Tax return preparation as approved by the board of directors.

The most likely explanation why the auditor’s examination cannot reasonably be expected to bring all illegal acts by the client to the auditor’s attention is that a. Illegal acts are perpetrated by management override of internal control. b. Illegal acts by clients often relate to operating aspects rather than accounting aspects. c. The client’s internal control may be so strong that the auditor performs only minimal substantive testing. d. Illegal acts may be perpetrated by the only person in the client’s organization

Description : The most likely explanation why the auditor's examination cannot reasonably be expected to bring all illegal acts by the client to the auditor's attention is that a. Illegal acts are perpetrated by ... testing. d. Illegal acts may be perpetrated by the only person in the client's organization

Last Answer : Illegal acts by clients often relate to operating aspects rather than accounting aspects

The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic growth is known as: A. Economic Policy B. Monetary Policy C. Fiscal Policy D. Credit Policy E. Budgetary Policy

Description : The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic ... A. Economic Policy B. Monetary Policy C. Fiscal Policy D. Credit Policy E. Budgetary Policy

Last Answer : B. Monetary Policy Explanation: Monetary Policy is the process by which monetary authority of a country, generally a central bank controls the supply of money in the economy by exercising its control over ... Bank of India (RBI). is so designed as to maintain the price stability in the economy.

Which statement is true? 1) The balance of payments depends on the principle of double-entry accounting. 2) Decrease in assets and increase in liabilities of net worth represent credits or sources of funds. 3) The balance of payment is a source- and uses of funds statement that reflects changes in assets, liabilities and net worth during a specified period of time. A. Only 1 B. Only 2 C. Only 3 D. 1, 2 and 3

Description : Which statement is true? 1) The balance of payments depends on the principle of double-entry accounting. 2) Decrease in assets and increase in liabilities of net worth represent credits or sources of funds. 3) The balance of ... period of time. A. Only 1 B. Only 2 C. Only 3 D. 1, 2 and 3

Last Answer : D. 1, 2 and 3

Budgeting, paying the bills, and collection of funds are activities associated with the (a) management function ; (b) finance/accounting function (c) production/operations function ; (d) staffing function

Description : Budgeting, paying the bills, and collection of funds are activities associated with the (a) management function ; (b) finance/accounting function (c) production/operations function ; (d) staffing function

Last Answer :  (b) finance/accounting function

What is the implication of the Central Government granting "Special Status" to a State? (1) Substantially large percentage of the central assistance will be as grantsin-aid (2) The extent of loan as a percentage of total assistance will be low (3) Current account budgetary deficit will be bridged by the Central Government (4) Both (1) and (2) above

Description : What is the implication of the Central Government granting "Special Status" to a State? (1) Substantially large percentage of the central assistance will be as grantsin-aid (2) The extent of loan as a ... account budgetary deficit will be bridged by the Central Government (4) Both (1) and (2) above

Last Answer : (4) Both (1) and (2) above Explanation: The Special category states category is meant for a specific category such as a hilly terrain and geographically difficult area where supply of public services is ... -special ones get 70 per cent of the resources as loan and remaining 30 per cent as grant.

The policy that deals with the tax and expenditure policies of the Government is called – (1) Monetary Policy (2) Fiscal Policy (3) Credit Policy (4) Budgetary Policy

Description : The policy that deals with the tax and expenditure policies of the Government is called – (1) Monetary Policy (2) Fiscal Policy (3) Credit Policy (4) Budgetary Policy

Last Answer : (2) Fiscal Policy Explanation: In economics and political science, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. The ... are government taxation and changes in the level and composition of taxation and government spending.

Variation in Cash Reserve Ratio and Open Market Operations are instruments of (1) Budgetary policy (2) Trade policy (3) Fiscal policy (4) Monetary policy

Description : Variation in Cash Reserve Ratio and Open Market Operations are instruments of (1) Budgetary policy (2) Trade policy (3) Fiscal policy (4) Monetary policy

Last Answer : (4) Monetary policy Explanation: Bank Rate Policy, open market operations and variation of Cash Reserve Ratios, etc. are instruments of monetary policy. With the help of these instruments, the ... money, often targeting a rate of interest for the purpose of promoting economic growth and stability.

When there is a difference between all receipts and expenditure of the Govt. of India, both capital and revenue it is called _______ A. Income Deficit B. Fiscal Deficit C. Budgetary Deficit D. None of the Above

Description : When there is a difference between all receipts and expenditure of the Govt. of India, both capital and revenue it is called _______ A. Income Deficit B. Fiscal Deficit C. Budgetary Deficit D. None of the Above

Last Answer : C. Budgetary Deficit Explanation: A budget deficit occurs whenever a government spends more than it makes, which is nearly every year.Budgetary deficit is the difference between all receipts and expenses in both revenue and capital account of the government.

When there is a difference between all receipts and expenditure of the Government of India both capital and revenue it is called __________ A. Revenue Deficit B. Budgetary Deficit C. Zero Budgeting D. Trade Gap E. Balance of Payment Problem

Description : When there is a difference between all receipts and expenditure of the Government of India both capital and revenue it is called __________ A. Revenue Deficit B. Budgetary Deficit C. Zero Budgeting D. Trade Gap E. Balance of Payment Problem

Last Answer : B. Budgetary Deficit Explanation: Budgetary deficit is the difference between all receipts and expenses in both revenue and capital account of the government.If revenue expenses of the government ... leads to capital account deficit. Budgetary deficit is usually expressed as a percentage of GDP.

The Scope Baseline is: 1. the original description of the project's end results 2. a summary description of the project's original content and end product, including basic budgetary and time constraint data 3. the original project budget and schedule 4. a and c

Description : The Scope Baseline is: 1. the original description of the project's end results  2. a summary description of the project's original content and end product, including basic  budgetary and time constraint data 3. the original project budget and schedule  4. a and c

Last Answer : 2. a summary description of the project's original content and end product, including basic  budgetary and time constraint data

The object of budgetary control is __________ a) Planning b) Forecasting c) organizing d) directing

Description : The object of budgetary control is __________ a) Planning b) Forecasting c) organizing d) directing

Last Answer : a) Planning

Which of the following statements are not true about budget, budgeting & budgetary control? A. Budgetary control works on the basis of best option B. Budget is one of the important mediums of communication C. Budgeting develops the quality of objectivity in planning D. None of the above

Description : Which of the following statements are not true about budget, budgeting & budgetary control? A. Budgetary control works on the basis of best option B. Budget is one of the important mediums of communication C. Budgeting develops the quality of objectivity in planning D. None of the above

Last Answer : D. None of the above

________ is the first step of budgetary system and all other budgets depends on it. A. Cost budget B. Sales budget C. Production budget D. None of the above

Description : ________ is the first step of budgetary system and all other budgets depends on it. A. Cost budget B. Sales budget C. Production budget D. None of the above

Last Answer : B. Sales budget

Fiscal policy is called as ______ policy. A. monetary. B. budgetary. C. industrial. D. economic.

Description : Fiscal policy is called as ______ policy. A. monetary. B. budgetary. C. industrial. D. economic.

Last Answer : B. budgetary.

Deficit financing means (a) Financing budgetary deficit by borrowing (b) Financing budgetary deficit by printing money ; (c) Both ; (d) None

Description : Deficit financing means (a) Financing budgetary deficit by borrowing (b) Financing budgetary deficit by printing money ; (c) Both ; (d) None

Last Answer : (c) Both ;

Variation in Cash Reserve Ratio and Open Market Operations are instruments of (1) Budgetary policy (2) Trade policy (3) Fiscal policy (4) Monetary policy

Description : Variation in Cash Reserve Ratio and Open Market Operations are instruments of (1) Budgetary policy (2) Trade policy (3) Fiscal policy (4) Monetary policy

Last Answer : Monetary policy

A statement depicting the reasons for the change in cash position from one period to another a) Fund flow statement b) Statement of uses and application of funds c) Cash flow statement d) Ratio analysis

Description : A statement depicting the reasons for the change in cash position from one period to another a) Fund flow statement b) Statement of uses and application of funds c) Cash flow statement d) Ratio analysis

Last Answer : a) Fund flow statement

An essential tool of short term financial analysis a) Fund flow statement b) Statement of uses and application of funds c) Cash flow statement d) Ratio analysis

Description : An essential tool of short term financial analysis a) Fund flow statement b) Statement of uses and application of funds c) Cash flow statement d) Ratio analysis

Last Answer : c) Cash flow statement

______________ is the analysis of costs and benefits of a proposed project with the goal of assuming a rational allocation of limited funds. A. Project formulation. B. Project evaluation. C. Project appraisal . D. Project Design.

Description : ______________ is the analysis of costs and benefits of a proposed project with the goal of assuming a rational allocation of limited funds. A. Project formulation. B. Project evaluation. C. Project appraisal . D. Project Design.

Last Answer : C. Project appraisal .

In proper capital budgeting analysis we evaluate incremental cash flows. A. accounting B. operating C. before-tax D. financing

Description : In proper capital budgeting analysis we evaluate incremental cash flows. A. accounting B. operating C. before-tax D. financing

Last Answer : B. operating

Management accounting involves A. Preparation of financial statements B. Analysis and interpretation of data C. Recording of transactions D. None of the above

Description : Management accounting involves A. Preparation of financial statements B. Analysis and interpretation of data C. Recording of transactions D. None of the above

Last Answer : B. Analysis and interpretation of data

Vertical analysis is made to review and analyse the financial statements of -----------------accounting period. a) One B. Two C. Three D. Four

Description : Vertical analysis is made to review and analyse the financial statements of -----------------accounting period. a) One B. Two C. Three D. Four

Last Answer : a) One

Who performs brake rotor repair in my area?

Description : Who performs brake rotor repair in my area?

Last Answer : It depends on what type of vehicle you have. The more expensive the car, then the more expensive the rotors will cost. For instance, a Mercedes for rotors could run you for a pair approximately $200.00 and up.

The process by which accountants use their knowledge of accounting rules to manipulate the figures reported in the accounts of a business in known as- (a) Financial accounting (b) creative accounting (c) cost accounting (d) fair value accounting

Description : The process by which accountants use their knowledge of accounting rules to manipulate the figures reported in the accounts of a business in known as- (a) Financial accounting (b) creative accounting (c) cost accounting (d) fair value accounting

Last Answer : B. CREATIVE ACVOUNTING

Businesses run on the small scale are sometimes a one-man army or when funds are adequate, small businesses employ few people to take care of basic business tasks like production, marketing, sales and?

Description : Businesses run on the small scale are sometimes a one-man army or when funds are adequate, small businesses employ few people to take care of basic business tasks like production, marketing, sales and?

Last Answer : It would cut down on internal staffing requirements. Having a payroll service should ensure that the latest financial developments are available for your company.

Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, 10% debentures of Rs. 100 each at par and 15,000 equity shares of Rs. 10 each. How much was the flow of funds in the above transaction ? (A) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Description : Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, ... ) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Last Answer : Answer: Rs. 30,000

The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar authentication number. Aadhaar enabled basic types of banking do not include A. Balance Enquiry B. Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer

Description : The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar ... . Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer

Last Answer : C. Online Payment Explanation: Services Offered by AEPS: Balance Enquiry Cash Withdrawal Cash Deposit Aadhaar to Aadhaar Fund Transfer Gateway Authentication Services

Future energy use is likely to vary if you change____ of your business a) Labour. b) Funds c) Aspects d) Efficiency

Description : Future energy use is likely to vary if you change____ of your business a) Labour. b) Funds c) Aspects d) Efficiency

Last Answer : Aspects

Which of the following statements is not correct? A. For the purpose of Funds Flow Statement, the term 'fund ' generally refers to net working capital B. Funds flow is a wider concept than the Cash flow C. The flow of funds must arise due to external and not internal transactions of the business D. The capitalisation of reserves by the issue of bonus shares also involves flow of funds

Description : Which of the following statements is not correct? A. For the purpose of Funds Flow Statement, the term 'fund ' generally refers to net working capital B. Funds flow is a wider concept than ... business D. The capitalisation of reserves by the issue of bonus shares also involves flow of funds

Last Answer : D. The capitalisation of reserves by the issue of bonus shares also involves flow of funds

Compared with other phases of the new product development process, the largest number of new product ideas are rejected during the ______ phase 1. idea generation 2. concept testing 3. business analysis 4. screening5. test marketing

Description : Compared with other phases of the new product development process, the largest number of new product ideas are rejected during the ______ phase 1. idea generation 2. concept testing 3. business analysis 4. screening 5. test marketing

Last Answer : screening

A company is in the ____________ stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product in order to assure that the product idea can be turned into a workable product. 1. product development 2. commercialization 3. marketing strategy 4. business analysis 5. none of these

Description : A company is in the ____________ stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product in order ... development 2. commercialization 3. marketing strategy 4. business analysis 5. none of these

Last Answer : product development

When a company reviews sales, costs, and profit projections for a new product to find out whether these factors satisfy the company's objectives, they are in which of the following new process development stages ? 1. Concept development and testing 2. Commercialization 3. Business analysis 4. Marketing strategy development 5. none of these

Description : When a company reviews sales, costs, and profit projections for a new product to find out whether these factors satisfy the company's objectives, they are in which of the following new ... testing 2. Commercialization 3. Business analysis 4. Marketing strategy development 5. none of these

Last Answer : Business analysis

Product development process after analysis of business next step to be taken is *  test marketing  penetration marketing  one channel marketing  individual marketing

Description : Product development process after analysis of business next step to be taken is *  test marketing  penetration marketing  one channel marketing  individual marketing

Last Answer :  test marketing

In the new product development process, after the analysis of business the next step to be taken is A. test marketing B. One channel marketing C. penetration marketing D. individual marketing

Description : In the new product development process, after the analysis of business the next step to be taken is A. test marketing B. One channel marketing C. penetration marketing D. individual marketing

Last Answer : A. test marketing

Product development process after analysis of business next step to be taken is A.test marketing B.penetration marketing C.one chanal marketing D.individual marketing Answer:A

Description : Product development process after analysis of business next step to be taken is A.test marketing B.penetration marketing C.one chanal marketing D.individual marketing Answer:A

Last Answer : A.test marketing

Angela and Ralph have come up with a portable CD player that will perform well, but they have some doubt about which of two promotional and pricing campaigns will be best received by consumers. In this instance, they probably should proceed to the __________ stage of the new-product development process. A)business analysis B)commercialisation C)screening D)test marketing E)product development

Description : Angela and Ralph have come up with a portable CD player that will perform well, but they have some doubt about which of two promotional and pricing campaigns will be best received ... development process. A)business analysis B)commercialisation C)screening D)test marketing E)product development

Last Answer : D)test marketing

Compared with other phases of the new product development process, the largest number of new -product ideas are rejected during the __________ phase. A)idea generation B)concept testing C)business analysis D)screening E)test marketing

Description : Compared with other phases of the new product development process, the largest number of new -product ideas are rejected during the __________ phase. A)idea generation B)concept testing C)business analysis D)screening E)test marketing

Last Answer : D)screening

When an agent asks a customer to invest in a Mutual Fund product without telling him/her about the risks involved in the investment, the process is termed as ______ A. Mis-selling B. Undertaking C. Misappropriation of Funds D. cross selling E. None of the Above

Description : When an agent asks a customer to invest in a Mutual Fund product without telling him/her about the risks involved in the investment, the process is termed as ______ A. Mis-selling B. Undertaking C. Misappropriation of Funds D. cross selling E. None of the Above

Last Answer : A. Mis-selling Explanation: The act of selling something that is not suitable for the person who buys it.

Research is Options: A) Data gathering B) Moving from a broad area to a narrow and focused area C) A systematic process of finding the truth D) Data gathering, processing and analysis

Description : Research is Options: A) Data gathering B) Moving from a broad area to a narrow and focused area C) A systematic process of finding the truth D) Data gathering, processing and analysis

Last Answer : C)

Excel - Business Accounting?

Description : Excel - Business Accounting?

Last Answer : answer:It won't be that hard. Google income statement templates or Balance Sheet Templates - there are zillions of them on the Web. I found this one on Microsoft's website - it took about 5 ... industry (or company) you are analyzing. But the templates have done most of the hard work for you.

20) Use Accounting Equation to show the effect of the following transactions of Ram Traders.a) Started business with cash ₹ 1,00,000.b) Bought goods for cash \( ₹ 20,000 \).c) Cash sales ₹ \( 60,000 . \)

Description : 20) Use Accounting Equation to show the effect of the following transactions of Ram Traders.a) Started business with cash ₹ 1,00,000.b) Bought goods for cash \( ₹ 20,000 \).c) Cash sales ₹ \( 60,000 . \)

Last Answer : 20) Use Accounting Equation to show the effect of the following transactions of Ram Traders. a) Started ... 000 . c) Cash sales ₹ 60,000 .

How to Use Payroll Accounting Software to Streamline Your Business?

Description : How to Use Payroll Accounting Software to Streamline Your Business?

Last Answer : Payroll accounting software can assist you in managing your finances, even if you don’t have a lot of time or experience with payroll accounting. The software will take over all of the hard ... time and money with consistent use. You will definitely want to shop around before choosing the automat