Why are all businesses required to record and report on their financial status?

Q: Mortgage backed securities pass through all payments of interest and principal received on a pool of…

A: Mortgage-backed securities are generally the variations of assets-backed securities formed by…

Q: Reflection about Non-banking Financial Institutions?

A: Non-banking Financial Institutions (NBFI)- NBFI does not have a complete banking license and cannot…

Q: risks that investors undertake when they choose to purchase shares of companies

A: Company tends to issue shares in the market to raise fund for expanding operation of firm. But…

Q: What is financial system

A: A financial system is the one in which in which we have buyers, sellers and investors.

Q: How important is CFO in a rural bank? What he can do that others cannot?

A: As a top executive, the chief financial officer is in charge of a company's financial operations.…

Q: Why do credit scores reported by each credit bureau vary by as much as 50 points? They all use…

A: Credit Scores represent the financial stability of a person. They are essential for the finnacial…

Q: What started your company?

A: Company’s Profit:The amount that left with the company after paying all the expenses of the company…

Q: Why do poor people lack access to financial services?

A: In developing countries, most of the poor or underprivileged people lack proper access to financial…

Q: Financial institutions such as banks pays lower interest rates to depositors and charge higher…

A: Democratic government is a type of government in which there is both public and private sector…

Q: The connection between financial management and financial market

A: Answer: A financial market refers to a market where the trading of securities takes place, financial…

Q: Function of private corporation and businesses organization

A: Corporate and business functions, such as finance, human resources, IT, procurement, legal, and…

Q: What is the role of the board of directors in corporate governance? What responsibilities does the…

A: Governance refers to the system under which rules and regulations have been followed by an…

Q: what are the roles of financial managers?

A: Financial Manager plays the critical role when it comes to the financial management of firm.

Q: Financial statements, what are they? what are they used for? Why are they important? What are the…

A: For business , individual , lender , government financial statements are very useful to know the…

Q: What are the importance of awards and quality certifications in business organizations?

A: Awards and quality certifications increase the brand of the business organization. For the…

Q: Compare between the corporation and the joint stock company and compare between the LLC and the…

A: In certain ways, a corporation and a joint stock company are different. A corporation is founded by…

Q: Why are the financial statements important in business?

A: Financial statements are the written records which conveys the activities of business and financial…

Q: Is it important to have an access to different financial services? Explain your answer.

A: Financial services are economic services offered by the financial sector, which includes a variety…

Q: How can small businesses get out of debt?

A: Small businesses need to have proper pplanning and management of cost and other factors. If there is…

Q: Being a senior manager, how will you empower your employees

A: Empowerment is the tool that is used to empower the employees by providing the required authority of…

Q: What are holding costs and why is it important to manage them?

A: The holding costs are one of the categories of the costs associated with the firm. it is the cost…

Q: Should you buy or sell stocks?

A: Business can be of many types. For example in oil business, there is oil production and then selling…

Q: Describe how financial statements are used to help businesses make finance-related decisions

A: Financial statements are formal records of the monetary activities and position of a business,…

Q: What is anti-trust law and what does it do?

A: Anti-trust law: These are the statutes or the competition laws that are meant to protect the…

Q: A corporation is a business organization that:

A: Large businesses often undergo the process of incorporation in order to protect their owners from…

Q: integrity social corporate responsibility

A: *Answer:

Q: Do commercial banks have different categories

A: - Commercial Banks(CBs) are the financial institutions that provide basic investment options as…

Q: Describe what consumers should know about credit monitoring services.

A: A credit monitoring service keeps track on borrower behavior in order to alert customers to…

Q: Difference between board of directors and management ?

A: Management: Humans do not live in solitude. They seek assistance from others to complete their…

Q: What happens if you don't manage debt properly? You sleep very well at night. You have a perfect…

A: Debt is something, usually money, borrowed by one party from another.

Q: Choose one of financial instruments which you think comply “100%” with Islamic values. Explain.

A: Financial institutions, financial instruments, and financial regulators make up an economy's…

Q: Explain the need for financial statements in organisations. why are they important? what are they…

A: Need for financial statements in organisations:- Financial statements help to find out profitability…

Q: Why do corporations have a corporate responsibility?

A: Key elements of a corporation  A corporations is basically characterized regarding legitimate status…

Q: What does paying rent help you do? buy a home build equity in your building buy a condo build your…

A: A credit rating is a measurement of a person or business entity's ability to repay a financial…

Q: WHAT ARE THE Regulation and enforcement (Accounting Profession) in UAE?

A: the UAE has adopted the IFRS(International Financial Reporting Standards) which are issued by the…

Q: bank

A: Bank Deposit creation is limited by reserve requirement.   Explanation Money refers to anything…

Q: A _________ is a share of a corporation that may be bought and sold.

A: A share of stock is a unit of owner ship in a corporation. Stock may be purchased by individuals,…

Q: What is private liability company

A: Private liability company:- A private liability organisation is a form of small company institution…

Q: In how many categories, financial system is classified?

A: Financial system is classified into 4 categories.

Q: Interview a business owner/ manager on the crisis they experience in the work place

A: When managers or owners of a corporation gain greater power, financial resources, and employees,…

Financial Statements

Financial statements (or financial reports) are the formal records of the financial activities that are undertaken by a firm. They are convenient instruments used for analyzing a company’s financial position and performance. Financial ratios are created with the help of the numerical values that are derived from the financial statements. They give meaningful information about the financial performance of the company.