Describe briefly the term Derivatives
Describe briefly the term ‘Derivatives’?
Expert
The word derivative states to a variable that has been derived from any other variable. Therefore derivatives have no value of their own as they derive their value from the value of some other assets that is termed as underlying asset. They are specialized contracts that indicate an agreement to sell or buy the underlying asset of the derivate up to a particular time in the prospect at a predetermined price. The value of the contract based on the expiry period and also on the price of the underlying asset. For instance – Derivative contract on cotton depends on the price of cotton.
Describe briefly the term ‘time rate system of remuneration’?
Before you approve any invoice for payment what are the steps to be taken?
Give a brief introduction of the term ‘Gross Profit’?
In what manner Revenue Expenditure affect the profitability statement in a period?
What are the three best golden rules of accounts?
Briefly describe the term Expenses?
Write down the common internal control problems in labor cost?
Give a brief introduction of the term Danger level of inventory levels?
Briefly describe the general purpose of statement of financial position.
In what manner group incentive systems employed?
18,76,764
1934966 Asked
3,689
Active Tutors
1438392
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!