Merits and drawbacks of credit rating
Write down the merits and drawbacks of credit rating?
Expert
The merits and drawbacks of credit rating are illustrated below:- i) People with superior credit will have their capability enhanced for the borrowing. Lenders will be capable to rewarded or punished by the people with their reports on the practices of their credit responsibility ii) The drawbacks can take place when the credit information that is been reported or when the characteristics of the consumer's is stolen. It is actually hard for the lenders to get the information if it is lost or it is very hard and strenuous process.
Briefly describe the term ‘Stock market indices’? Write down the name of major stock market indices?
Briefly describe the term Material Cost?
Give a brief introduction of the term ‘Accounting Period Concept’?
Explain the term system user account in brief?
Give a brief introduction of the term ‘accounting concepts’?
Briefly describe the type of items that appear under the liability side of a balance sheet?
Give a brief introduction of the term ‘Bills of materials’?
What does reconciliation of time booked and time attended tell us?
Give a brief introduction of the term Convention of Materiality?
Briefly explain the term overheads?
18,76,764
1925252 Asked
3,689
Active Tutors
1412424
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!