What is a Letter of Credit? Letter of Credit (L/C) is one kind of guarantee in the form of a letter that is …
Read moreWhat is Letter of Credit? What are the procedures of Opening a Letter of Credit?
Key Points: Ownership of transit goods is determined by the terms of shipping agreement. Free on Board (F.O.B) shipping point …
What is a line of credit? A line of credit (LOC) or credit line is an arrangement between a financial …
Forward Contract is a binding agreement to buy or sell an item for settlement at a future date, at a …
What is Forensic Accounting? Forensic accounting is the specialized type of accounting skills to investigate fraud or embezzlement and analyzing financial …
Read moreWhat is Forensic Accounting? Qualification and Skills of Forensic Accountants.
Window dressing of the financial statements is the situation where a finance manager presented its financial statements better than the …
What is Right issue of Share? Rights shares are those shares which are issued to the existing shareholders, in proportion …
Definition of EOQ Economic Order Quantity (EOQ) minimizes carrying cost and ordering costs of companies inventories. Inventory management costs are …
Introduction Net present value method is used for evaluating the project proposals. Time value of money for cash inflows is …
Merchant Bank A Merchant Bank is a bank which deals International finance, business loans for companies and underwriting. These banks …