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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your Accounts and Finance knowledge and support exam preparation. Choose a topic below to get started.
| 2802. |
NPS meaning in Accounts and Finance ? |
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Answer» INFO: Full form for NPS is Non-production Spend in Accounts and Finance category
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| 2803. |
WADR meaning in Accounts and Finance ? |
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Answer» INFO: Full form for WADR is Weighted Average Deposit Rate in Accounts and Finance category |
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| 2804. |
ROE meaning in Accounts and Finance ? |
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Answer» INFO: Full form for ROE is Rate of Exchange in Accounts and Finance category
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| 2805. |
R&D meaning in Accounts and Finance ? |
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Answer» What is Research and Development mean? Research and development (R&D, R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products and improving existing ones. Research and development constitutes the first stage of development of a potential new service or the production process. R&D activities differ from institution to institution, with two primary models of an R&D department either staffed by engineers and tasked with directly developing new products, or staffed with industrial scientists and tasked with applied research in scientific or technological fields, which may facilitate future product development. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. However R&D is crucial for acquiring larger shares of the market through the marketisation of new products. R&D&I or R&D&i are also acronyms with the same general meaning of R&D and stand for research, development and innovation. reference |
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| 2806. |
BD meaning in Accounts and Finance ? |
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Answer» What is Bank Draft mean? A cheque, or check (American English; see spelling differences), is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account (often called a current, cheque, chequing or checking account) where the money is held. The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated. Definition of a cheque as per The National Provincial Bank circa 1968 was "an unconditional order in writing drawn on a Banker, signed by the drawer, instructing the Banker to pay on demand a sum certain in money to or to the order of a specified person or to Bearer and which does not order any act to be done in addition to the payment of money". Although forms of cheques have been in use since ancient times and at least since the 9th century, it was during the 20th century that cheques became a highly popular non-cash method for making payments and the usage of cheques peaked. By the second half of the 20th century, as cheque processing became automated, billions of cheques were issued annually; these volumes peaked in or around the early 1990s. Since then cheque usage has fallen, being partly replaced by electronic payment systems. In an increasing number of countries cheques have either become a marginal payment system or have been completely phased out. reference
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| 2807. |
BD meaning in Accounts and Finance ? |
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Answer» INFO: Full form for BD is Bidding Documents in Accounts and Finance category
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| 2808. |
BG meaning in Accounts and Finance ? |
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Answer» INFO: Full form for BG is Bank Guarantee in Accounts and Finance category
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| 2809. |
OTB meaning in Accounts and Finance ? |
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Answer» INFO: Full form for OTB is Off Trial Balance in Accounts and Finance category
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| 2810. |
PCPS meaning in Accounts and Finance ? |
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Answer» INFO: Full form for PCPS is Private Companies Practice Section in Accounts and Finance category
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| 2811. |
ED meaning in Accounts and Finance ? |
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Answer» INFO: Full form for ED is Exposure Draft in Accounts and Finance category
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| 2812. |
CBDE meaning in Accounts and Finance ? |
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Answer» INFO: Full form for CBDE is Commonwealth Bulk Direct Entry in Accounts and Finance category
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| 2813. |
BPR meaning in Accounts and Finance ? |
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Answer» What is Business Process Re-engineering mean? Business process re-engineering (BPR) is a business management strategy, originally pioneered in the early 1990s, focusing on the analysis and design of workflows and business processes within an organization. BPR aimed to help organizations fundamentally rethink how they do their work in order to improve customer service, cut operational costs, and become world-class competitors. BPR seeks to help companies radically restructure their organizations by focusing on the ground-up design of their business processes. According to early BPR proponent Thomas H. Davenport (1990), a business process is a set of logically related tasks performed to achieve a defined business outcome. Re-engineering emphasized a holistic focus on business objectives and how processes related to them, encouraging full-scale recreation of processes rather than iterative optimization of sub-processes. BPR is influenced by technological innovations as industry players replace old methods of business operations with cost-saving innovative technologies such as automation that can radically transform business operations. Business process reengineering is also known as business process redesign, business transformation, or business process change management. reference
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| 2814. |
IAAA meaning in Accounts and Finance ? |
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Answer» INFO: Full form for IAAA is Inter- American Accounting Association in Accounts and Finance category
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| 2815. |
FN meaning in Accounts and Finance ? |
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Answer» INFO: Full form for FN is Fiscal Note in Accounts and Finance category
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| 2816. |
IAO meaning in Accounts and Finance ? |
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Answer» INFO: Full form for IAO is In The Amount Of in Accounts and Finance category
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| 2817. |
PERT meaning in Accounts and Finance ? |
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Answer» INFO: Full form for PERT is Performance Evaluation Reporting Technique in Accounts and Finance category
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| 2818. |
CAPS meaning in Accounts and Finance ? |
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Answer» INFO: Full form for CAPS is Credit Assessment and Program Specifications in Accounts and Finance category
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| 2819. |
CAPS meaning in Accounts and Finance ? |
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Answer» INFO: Full form for CAPS is Corporate Accounts Payable System in Accounts and Finance category
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| 2820. |
GM meaning in Accounts and Finance ? |
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Answer» What is Gross Margin mean? Gross margin is the difference between revenue and cost of goods sold (COGS), divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold (e. g. production or acquisition costs, not including indirect fixed costs like office expenses, rent, or administrative costs), then divided by the same selling price. "Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio. Gross margin is a kind of profit margin, specifically a form of profit divided by net revenue, e. g., gross (profit) margin, operating (profit) margin, net (profit) margin, et cetera. reference
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| 2821. |
KE meaning in Accounts and Finance ? |
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Answer» INFO: Full form for KE is Thousands of Euros in Accounts and Finance category
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| 2822. |
GQ meaning in Accounts and Finance ? |
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Answer» INFO: Full form for GQ is Grossly Questionable in Accounts and Finance category
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| 2823. |
APA meaning in Accounts and Finance ? |
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Answer» What is American Payroll Association mean? The American Payroll Association (APA) is a professional association for individuals responsible for processing company payrolls. The Association conducts payroll training courses and seminars on a yearly basis and publishes a library of payroll resource texts and newsletters. The APA has approximately 21,000 members, 121 APA-affiliated local chapters, and registered lobbyists based in Washington, D.C. The APA was founded in 1982 and is headquartered in San Antonio, Texas with additional offices in Las Vegas and Washington, D.C. In addition, the APA owns and operates two learning centers, the San Antonio Learning Center and MEET Las Vegas. Both Learning Centers offer payroll training utilizing the latest technology and computer networking capabilities. reference
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| 2824. |
APA meaning in Accounts and Finance ? |
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Answer» What is Advance Pricing Agreement mean? An advance pricing agreement (APA) is an ahead-of-time agreement between a taxpayer and a tax authority on an appropriate transfer pricing methodology (TPM) for a set of transactions at issue over a fixed period of time (called "Covered Transactions"). Most APAs involve U.S. taxpayers and the US Internal Revenue Service (IRS), but APAs are also made outside the United States. Bilateral and multilateral APAs Unilateral APAs The APA Program
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| 2825. |
APA meaning in Accounts and Finance ? |
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Answer» What is American Psychological Association mean? The American Psychological Association (APA) is the largest scientific and professional organization of psychologists in the United States, with over 122,000 members, including scientists, educators, clinicians, consultants, and students. It has 54 divisions—interest groups for different subspecialties of psychology or topical areas. The APA has an annual budget of around $115m. reference
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| 2826. |
APA meaning in Accounts and Finance ? |
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Answer» INFO: Full form for APA is Association of Practising Accountants in Accounts and Finance category
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| 2827. |
ASET meaning in Accounts and Finance ? |
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Answer» INFO: Full form for ASET is Anonymous and Secure Electronic Transaction in Accounts and Finance category
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| 2828. |
DISC meaning in Accounts and Finance ? |
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Answer» What is Discounted mean? Discounting is a financial mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. This transaction is based on the fact that most people prefer current interest to delayed interest because of mortality effects, impatience effects, and salience effects. The discount, or charge, is the difference between the original amount owed in the present and the amount that has to be paid in the future to settle the debt. The discount is usually associated with a discount rate, which is also called the discount yield. The discount yield is the proportional share of the initial amount owed (initial liability) that must be paid to delay payment for 1 year. Discount yield = Charge to delay payment for 1 year debt liability {\displaystyle {\text{Discount yield}}={\frac {\text{Charge to delay payment for 1 year}}{\text{debt liability}}}}Since a person can earn a return on money invested over some period of time, most economic and financial models assume the discount yield is the same as the rate of return the person could receive by investing this money elsewhere (in assets of similar risk) over the given period of time covered by the delay in payment. The concept is associated with the opportunity cost of not having use of the money for the period of time covered by the delay in payment. The relationship between the discount yield and the rate of return on other financial assets is usually discussed in economic and financial theories involving the inter-relation between various market prices, and the achievement of Pareto optimality through the operations in the capitalistic price mechanism, as well as in the discussion of the efficient (financial) market hypothesis. The person delaying the payment of the current liability is essentially compensating the person to whom he/she owes money for the lost revenue that could be earned from an investment during the time period covered by the delay in payment. Accordingly, it is the relevant "discount yield" that determines the "discount", and not the other way around. As indicated, the rate of return is usually calculated in accordance to an annual return on investment. Since an investor earns a return on the original principal amount of the investment as well as on any prior period investment income, investment earnings are "compounded" as time advances. Therefore, considering the fact that the "discount" must match the benefits obtained from a similar investment asset, the "discount yield" must be used within the same compounding mechanism to negotiate an increase in the size of the "discount" whenever the time period of the payment is delayed or extended. The "discount rate" is the rate at which the "discount" must grow as the delay in payment is extended. This fact is directly tied into the time value of money and its calculations. The "time value of money" indicates there is a difference between the "future value" of a payment and the "present value" of the same payment. The rate of return on investment should be the dominant factor in evaluating the market's assessment of the difference between the future value and the present value of a payment; and it is the market's assessment that counts the most. Therefore, the "discount yield", which is predetermined by a related return on investment that is found in the financial markets, is what is used within the time-value-of-money calculations to determine the "discount" required to delay payment of a financial liability for a given period of time. reference
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| 2829. |
NDP meaning in Accounts and Finance ? |
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Answer» INFO: Full form for NDP is No Damn Profit in Accounts and Finance category
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| 2830. |
FERF meaning in Accounts and Finance ? |
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Answer» INFO: Full form for FERF is Financial Executives Research Foundation in Accounts and Finance category
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| 2831. |
LQA meaning in Accounts and Finance ? |
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Answer» INFO: Full form for LQA is Last Quarter Annualized in Accounts and Finance category
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| 2832. |
FPA meaning in Accounts and Finance ? |
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Answer» INFO: Full form for FPA is Full Page Advertisement in Accounts and Finance category
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| 2833. |
FPA meaning in Accounts and Finance ? |
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Answer» INFO: Full form for FPA is Financial Performance Assessment in Accounts and Finance category
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| 2834. |
EIC meaning in Accounts and Finance ? |
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Answer» What is Earned Income Credit mean? The United States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. For a person or couple to claim one or more persons as their qualifying child, requirements such as relationship, age, and shared residency must be met. EITC phases in slowly, has a medium-length plateau, and phases out more slowly than it was phased in. Since the credit phases out at 21% (more than one qualifying child) or 16% (one qualifying child), it is always preferable to have one more dollar of actual salary or wages considering the EITC alone. (Investment income, however, is handled far less gracefully, as one more dollar of income can result in the sudden 100% loss of the entire credit.) If the EITC is combined with multiple other means-tested programs such as Medicaid or Temporary Assistance for Needy Families, it is possible that the marginal tax rate approaches or exceeds 100% in rare circumstances depending on the state of residence; conversely, under certain circumstances, net income can rise faster than the increase in wages because the EITC phases in. The earned income tax credit has been part of political debates in the United States over whether raising the minimum wage or increasing EITC is a better idea. In a random survey of 568 members of the American Economic Association in 2011, roughly 60% of economists agreed (31.7%) or agreed with provisos (30.8%) that the earned income tax credit program should be expanded. reference
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| 2835. |
ARSC meaning in Accounts and Finance ? |
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Answer» INFO: Full form for ARSC is Accounting and Review Services Committee in Accounts and Finance category
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| 2836. |
UDLP meaning in Accounts and Finance ? |
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Answer» INFO: Full form for UDLP is University Developed Loan Plan in Accounts and Finance category
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| 2837. |
SETG meaning in Accounts and Finance ? |
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Answer» INFO: Full form for SETG is Strategic Equity Transactions Group in Accounts and Finance category
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| 2838. |
WRD meaning in Accounts and Finance ? |
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Answer» INFO: Full form for WRD is Wheeler, Ring, and Dolan, P. C. in Accounts and Finance category
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| 2839. |
GPE meaning in Accounts and Finance ? |
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Answer» What is Gravitational Potential Energy mean? Gravitational energy or gravitational potential energy is the potential energy a massive object has in relation to another massive object due to gravity. It is the potential energy associated with the gravitational field, which is released (converted into kinetic energy) when the objects fall towards each other. Gravitational potential energy increases when two objects are brought further apart. For two pairwise interacting point particles, the gravitational potential energy U {\displaystyle U} is given by U = − G M m R , {\displaystyle U=-{\frac {GMm}{R}},}where M {\displaystyle M} and m {\displaystyle m} are the masses of the two particles, R {\displaystyle R} is the distance between them, and G {\displaystyle G} is the gravitational constant. Close to the Earth's surface, the gravitational field is approximately constant, and the gravitational potential energy of an object reduces to U = m g h {\displaystyle U=mgh}where m {\displaystyle m} is the object's mass, g = G M E / R E 2 {\displaystyle g=GM_{\text{E}}/R_{\text{E}}^{2}} is the gravity of Earth, and reference
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| 2840. |
NHP meaning in Accounts and Finance ? |
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Answer» INFO: Full form for NHP is Net House Profit in Accounts and Finance category
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| 2841. |
LIRA meaning in Accounts and Finance ? |
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Answer» INFO: Full form for LIRA is Locked In Retirement Account in Accounts and Finance category
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| 2842. |
LIFT meaning in Accounts and Finance ? |
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Answer» INFO: Full form for LIFT is Local Improvement Finance Trust in Accounts and Finance category
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| 2843. |
AEPU meaning in Accounts and Finance ? |
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Answer» INFO: Full form for AEPU is Average Expense Per User in Accounts and Finance category |
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| 2844. |
AEPU meaning in Accounts and Finance ? |
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Answer» INFO: Full form for AEPU is Average Expense Per Unit in Accounts and Finance category |
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| 2845. |
RMM meaning in Accounts and Finance ? |
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Answer» INFO: Full form for RMM is Retirement Money Management in Accounts and Finance category
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| 2846. |
CODA meaning in Accounts and Finance ? |
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Answer» INFO: Full form for CODA is Cash Or Deferred Arrangement in Accounts and Finance category
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| 2847. |
CODA meaning in Accounts and Finance ? |
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Answer» INFO: Full form for CODA is Cash Or Deferred Arrangement (401k) in Accounts and Finance category
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