—The bailment of goods as security for payment of a debt or performance of a promise is called ‘pledge’. The bailor is in this case called the ‘pawnor’. The bailee is called ‘pawnee’. —The bailment of goods as security for …
Leia maisWhat is an epitome of title?
Epitome of title consists of a schedule of all the documents of title along with photocopies of the documents themselves assembled for deducing the title to unregistered land to prove your ownership.
Leia maisWhat is government grant in accounting?
Government grants are assistance by government in the form of transfers of. resources to an entity in return for past or future compliance with certain. conditions relating to the operating activities of the entity.
Leia maisWhat is the difference between sales ledger and sales ledger control account?
It has a similar job to the sales ledger control account in that it looks at the amount owed to the business by credit customers but the big difference is that whilst the control account gives the total of trade …
Leia maisWhat is order cash cycle?
The order to cash cycle, often abbreviated to O2C or OTC, is how your business receives, processes, manages, and completes customer orders. This means handling all aspects of the sale including shipping the items, collecting the payment, creating invoices, and …
Leia maisWhat does Rea mean for unemployment?
Reemployment and Eligibility AssessmentReemployment and Eligibility Assessment (REA) is a program through Federal funding that is intended to help the newly unemployed find employment more quickly. If you are chosen for an REA appointment, you must complete the Reemployment and …
Leia maisWhat does Bernard Williams mean by integrity?
Integrity, according to Williams, requires being true to one’s commitments, and doing that is the result of consistent patterns of choices.
Leia maisWhat should the auditor consider before relying on the work of an expert?
The auditor should evaluate the objectivity of the expert. If the auditor is concerned regarding the competence or objectivity of the expert, the auditor needs to discuss any reservations with management and consider whether sufficient appropriate audit evidence can be …
Leia maisHow does the double entry accounting system work?
Double-entry bookkeeping is an accounting system where every transaction is recorded in two accounts: a debit to one account and a credit to another. For example, if a business takes out a $5,000 loan, the cash (asset) account is debited …
Leia maisWhy is cross collateralization bad?
Another major downfall of cross collateralisation occurs if you want to sell one, or more, of your properties. This is because you are essentially changing the terms of your contract with your lender. By selling one property you are taking …
Leia maisDoes Regions Bank have a monthly fee?
How do I avoid monthly fees at Regions? There are two options available to account holders to help them avoid paying the $8 to $11 monthly maintenance fee. Set up a direct deposit.
Leia maisDoes shopping for a loan hurt your credit?
Shopping for the best deal on an auto loan will generally have little to no impact on your credit score(s). The benefit of shopping will far outweigh any impact on your credit. In some cases, applying for multiple loans over …
Leia maisWhat is the legal definition of voir dire?
A voir dire is a separate hearing in which the trier of law determines whether evidence is admissible and can potentially be entered into evidence in the trial. A voir dire can also be convened to determine the competence of …
Leia maisCan you modify a FHA loan?
An FHA modification may lower your monthly mortgage payment. You may be eligible1 if: Your first mortgage is an FHA-insured home loan. You own the home and it’s your primary residence. Can an FHA loan be changed to conventional? Can …
Leia maisHow long does a creditor have to collect a debt in New York?
three yearsthree years. This means that creditors and debt collectors only have three years from the date of the last activity on an account to sue someone for a debt.
Leia maisWhat are the SOX requirements?
The Sarbanes Oxley Act requires all financial reports to include an Internal Controls Report. This shows that a company’s financial data are accurate (within 5% variance) and adequate controls are in place to safeguard financial data. Year-end financial dislosure reports …
Leia mais