Analyst Questions

Bank credit balance meant that the banker is laible to paid us.

And if we have a credit balance accouding to bank statement is mean we have " cash at bank" and in our book we show in the assets side but bank show laiblities side.

Hence, The credit balance in the bank account is the amiunt we have in our account and we are eligible to withdraw that.

The closet point in the Moon's orbit to Earth is called perigee whereas the farthest point in the Moon's orbit to Earth is called apogee.

Haryana state government has recently decided to rename Child Care Institutes as Jagannath Ashrams.

Yes, we know that water is a universal solvent.

Water can moderate temperature because of the two properties: high-specific heat and the high heat of vaporization.

Water is a polar molecule that has a high level of polarity and attraction to ions and other polar molecules.

Hence, all the above given options are the properties of water.

Financial Reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specified period of time. These stakeholders include – investors, creditors, public, debt providers, governments & government agencies.

Financial Reporting is very important and critical task of an organization. It is vital part of Corporate Governance.

The objectives & purposes of financial reporting :–

* Providing information to management of an organization which is used for the purpose of planning, analysis, benchmarking and decision making.

* Providing information to investors, promoters, debt provider and creditors which is used to enable them to male rational and prudent decisions regarding investment, credit etc.

* Providing information to shareholders & public at large in case of listed companies about various aspects of an organization.

* Providing information about the economic resources of an organization, claims to those resources (liabilities & owner’s equity) and how these resources and claims have undergone change over a period of time.

* Providing information as to how an organization is procuring & using various resources.

* Providing information to various stakeholders regarding performance management of an organization as to how diligently & ethically they are discharging their fiduciary duties & responsibilities.

* Providing information to the statutory auditors which in turn facilitates audit.

* Enhancing social welfare by looking into the interest of employees, trade union & Government.

Bacteria and archaea are similar in possessing prokaryotic cells.

NASA's spacecraft "JUNO"is sent for Jupiter mission.