PR for Corporate/Commercial Banking (Contd.) CDD AND ANTI MONEY LAUNDERING (M) Regulation M-1 Customer Due Diligence (CDD). Regulation M-2 Anti-money laundering measures. Regulation M-3 Record retention. Regulation M-4 Correspondent banking. Regulation M-5 Suspicious transactions. OPERATIONS (O) Regulation O-1 Undertaking of cash payments outside the bank's authorized place of business. Regulation -2 Window dressing. Regulation O-3 Reconciliation of inter-branch accounts and settlement of suspense account entries. Regulation -4 Maintenance of assets in Pakistan. Regulation O-5 Foreign currency deposits under FE 25-1998

Q: Define LIFO conformity rule.

A: Last-in-First-Out (LIFO): In this method, items purchased recently are sold first. So, the value of…

Q: In general what are the 5 POS Features?

A: A point of sale (POS) system is a combination of hardware and software that allows businesses to…

Q: Define three forms of EMH

A: Following are the three forms of EMH: Weak Form EMH: Recommends estimating all prior knowledge is…

Q: Using the above information, calculate efn

A: Here, Sales is $48,800 Assets is $53,650 Spontaneous Liability (Accounts Payable) is $2,400 % Change…

Q: Describe about the LIFO and FIFO method.

A:

Q: Give 3 examples of application controls

A: please like the answer your response matters Examples of Application Control:Application controls…

Q: Can you please explain the formula for row 9,10,11?

A: Using CAPM  formula:Rf+Beta * Risk premium for the market index return

Q: Can you explain the formula you used in C3?

A: Lets understand the basics.When bond is issued for more than its face value then bond is known to be…

Q: What does PFMA stand for?

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

Q: Describe WACC and its components.

A: WACC: The weighted average cost of capital (WACC) is a computation of   cost of capitalof a company…

Q: What are the cell #s in the NPV formula?

A: The difference between the present value of cash inflows and the present value of cash outflows over…

Q: Give an example of each.

A: Cost standard example: The estimation to regulate the entire direct material cost standard and…

Q: What is the answer to b1?

A: Reallocate the joint cost to the joint products, drumsticks and breasts, using relative market…

Q: Find three key ideas that underpin GAAS and explain why they are so important.

A: Concept: GAAS is generally accepted auditing standards. It is to be followed by the auditors while…

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: 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: where is step 5?

A: Where the Depreciation expenses are halved, it would have the following impacts:   •Net income: it…

Q: Explain an example of internal users.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: What are the 5 ways the PBO can change?

A: Projected Benefit Obligation:   It is a pension concept in accounting as it is the present value of…

Q: What is represented by the labeled lines connecting entities in an REA diagram?

A: REA Diagram: REA diagram is a technique used to establish the relationship between resource, events…

Q: Where does the information on step one comes from?

A: The excess of an asset's expected investment return above the risk-free rate of return is known as…

Q: What does the CF stand for?

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

Q: Parallel

A: ISTISNA AND PARALLEL ISTINA :

Q: What are the 3 main sections of the CAFR?

A: CAFR is a set of financial statements for a state or other government entity that must conform with…

Q: Explain the concept of two-dimensional ABC. Support your explanation with a diagram.

A:

Q: What are the functions of the PCAOB?

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

Q: What is an REA diagram?

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: Define the term realization principle.

A: Accounting: Accounting refers to the information system, where the economic activities of a…

Q: Explain what is meant by the term “system”. How do subsystems, systems and systems of systems…

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: Can you make QBI more understandable? Are you able to describe the steps?

A: Qualified Business Income Deduction (QBID) It is  the final  deduction  to be made  before…

Q: Write out the equation for the CML and explain its meaning.

A: After the investment in different securities, portfolio is prepared which describe the overall…

Q: What is the full form of ERP? Explain ERP with examples?

A: ERP means Enterprise Resource Planning, it is a process management software used by organizations to…

Q: What is CVP analysis? Give three examples?

A: CVP Analysis:CVP analysis establishes the relation between cost, volume and profit of the company.…

Q: Discus the elements of GAAS, how does it relate to GAAP?

A: GAAS(Generally Accepted Auditing Standards) :- provides standards by which the prepared financial…

Q: Explain four (4) factors that should be considered in using CAATs.

A: CAATs means Computer Assisted Auditing Techniques. These are the aided techniques in which task of…

Q: List the steps involved in view integration.

A: View Integration: Single model which is created for integrating multiple REA diagrams to provide a…

Q: what is z table? and how do i figure that part out?

A: Z table is a statistics related table which also finds ample use and application in the world of…

Q: What is full form of CIP? Explain about it.

A: Carriage and Insurance Paid to is the full form of CIP

Q: HOW TO COPY FORMULA FROM RANGE B8:B11 TO RANGE C8:H11?

A: To create and copy a formula using relative references: Select the cell that will contain the…