Define the term Kiting
Define the term Kiting in Accounting stream?
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Kiting: In common words, kiting means to fly kite. This is legal and part of the fun of children. However in accounting, this is fraud that is completed by writing the cheque. Whenever your bank account exhibits you low amount. After recognizing this, you issue the cheque of bigger amount for paying someone. This will become fraud.
Define the terms shadow balance?
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United States has experienced constant current account deficits since early 1980s. List some of the major causes of the deficits? What could be the consequences of these constant U.S. current account deficits?
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Conspicuous Consumption: It is the phenomena of spending money on services and goods which are not required but keeping them gives you a high social status. Those things are kept mainly for the purpose of displaying and creating a false image of your
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State the intuition of discounting several cash flows in APV model at particular discount rates?
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