Eaton Enterprises uses th

Q: Can you explain COD with an example ?

A: The acronym “COD” in terms of business refers to either Commercial Operation date or cash on…

Q: What's the related cost of implementing database system?

A: This question explains about  the related cost of implementing database system.

Q: What are the advantages and disadvantages of  FIFO?

A: First-in-First-Out:  In First-in-First-Out method, the costs of the initially purchased items are…

Q: What does PFMA stand for?

A: Solution- PFMS [Public Financial Management System] PFMS stands for Public financial Management…

Q: What types of products are bought and sold in B2Bmarkets?

A: B2B markets are those markets in which one business sells goods and services to other business.

Q: Define target company

A: Companies expand by acquiring or merging with other companies. By purchasing companies, company can…

Q: explain hoe blockchains are structured using a block based structure.

A: Deep Dive into Blockchain's Block-Based StructureBlockchains have revolutionized data storage and…

Q: Describe the concept of “over-trading” using numeric example if appropriate.’

A: In the world of finance over trading is an important concept for businesses.

Q: Explain the basic characteristics of distributed ledger technology and some of its possible…

A: Here is the Answer for the basic characteristics of distributed ledger technology and some of its…

Q: what does p&l stand for?

A: A deferred tax adjustment is prevalent where there is a temporary difference in the book value and…

Q: Explain Concept Syndications?

A: Syndication is a process by which small lenders come together and they lend the money to a big…

Q: What is AB Share Mechanism and what is this mechanism used for?Provide Example

A: An organization's total capital is bifurcated into many units. Each unit represents ownership in the…

Q: What do the acronyms ACRS and MACRS stand for?

A: The accelerated cost recovery system was a government United States tax cut presented in 1981 and…

Q: Explain the features ofa corporation

A: Corporation: A corporation is a form of business entity that is incorporated through the state…

Q: What are the distinguishing features of a legacy system?

A: Legacy system:   It is an old method technology computer system. It can also be called an…

Q: What does the CF stand for?

A: Solution:- Mean, median and mode are measures of averages of data.

Q: Define trademarks.

A:

Q: Define each of the following terms:f. White knight; proxy fight

A: A white knight is hostile acquisition security by which a 'friendliness' person or business who…

Q: Four types of frquently used software licenses

A: answer

Q: What are the advantages and disadvantages of  LIFO?

A: Last-in-First-Out: In Last-in-First Out method, the costs of last purchased items are considered as…

Q: Briefly describe the guidelines for recognizing revenue from the sale of software and other…

A:

Q: Explain the following terms.(a) LIFO layer.(b) LIFO reserve.(c) LIFO effect

A: (a) LIFO Layer: LIFO Layer refers to a portion of cost in an inventory costing system that follows…

Q: What are the functions of the PCAOB?

A: Introduction PCAOB stands for Public Company Accounting Oversight Board. This is a private…

Q: Define outsourcing.

A: Outsourcing: Outsourcing refers to hiring another company, to undertake a business process of the…

Q: Describe the two-tier client-server model.

A:

Q: 1. Descibe JIT production and its features.

A: Just in time production represents the reduction in labor, material, and time so that the cost could…

Q: Explain the triple-DES encryption techniques known as EEE3 and EDE3.

A: Triple-DES Encryption: Triple DES encryption is the improved version of encryption technique which…

Q: Name two different ways that MPTBs can be overcollateralized

A: The MPTBs are viewed as hybrid securities. Such bonds have qualities of mortgage backed bond (MBB)…

Q: Define Double-entry system.

A: Double entry system: Double entry system is a way of accounting or bookkeeping which implies that…

Q: What's the related cost of implementing database system?

A: The related cost incurred during the execution of database system: Augmented acquisition and…

Q: Describe the term breakeven sales.

A: The three approaches to calculate sales required to achieve the break-even point are as follows:…

Q: companies

A: Plantwide costing is used to allocate their entire manufacturing overheads to their line of products…

Q: What are the types of external user?

A: Entity needs to prepare a financial statement for the use of internal and external decisions making.…

Q: Why the IPSASB developed the IPSASs?

A: SOLUTION- IPSAB = INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS BOARD WORKS TO IMPROVE PUBLIC…

Capital Gain

Any capital asset when sold can give the seller a higher or lower price from its purchase price leading to a capital gain or capital loss. The time period of holding an asset is decided based on if it is a long term or short-term capital gain. On that basis, the rate of taxation is decided if it is 20%, 15% or according to the tax brackets. The rate of taxation differs in the case of equity or debt, whether long or short term. The capital gain can be adjusted from capital loss to arrive at a net capital gain. The amount of gains and the exemption has to be reported in the tax return filed in the financial year in which the asset was transferred. The tax return can be filed quarterly, monthly, semi-annually or annually.