Wednesday, September 7, 2011

Re: [ vuZs.net ] Re: Most repeated Questions in VIVA

As per my knowledge.......

 

  • why banks cant calculate Quick ratio?
    • Ans:Banks calculate the quick ratio but just difference is that they exclude prepayments instead of inventories because as the banks are the service organization their final product is in the form of services which is given to its customers so their is no inventories of the banks.....whereas inventories are included in manufactring firm where the final product is in the form of finished goods products (where there is raw material, work in process inventory and then the final finished goods inventory) in the form any product.
  • what is the big liability of a bank?

    • Ans: I think the big liability of the banks is their customers deposits because if the bank goes bankcrupt then there i the big liability of their customers which the bank have to pay by selling of all their resevers etc.

  • Name the foreign currency which banks deals...

    • Ans:Banks deals in different foregin currencies i-e US $, Euro, Dirhm etc.

  • Which one is the most important procedure in account opening department?
  • Ans: I think the most important procedure in acvount openeing department is the Versy's which is called the verifiaction system where there is the verfication of the CNIC cards of the customers that is to check the identification of the customers and if it fulfills all the requirement from NADRA office then it back to the branch....and after that the account of the customter is opened
  • how bank can control their expenditure?

    • Ans: Banks can control their expenditure by cutting of their daliy expendityres or by decreasing their daily expenditures....(not sure)

     

     

     

     


    On 7 September 2011 01:47, Marina Khan <damsel.khan@googlemail.com> wrote:
    • why banks cant calculate Quick ratio?
    • what is the big liability of a bank?
    • Name the foreign currency which banks deals...
    • Which one is the most important procedure in account opening department?
    • how bank can control their expenditure?



    On Wed, Sep 7, 2011 at 1:38 AM, Marina Khan <damsel.khan@googlemail.com> wrote:
    Lets collect Answers
     who want to give answer? (a single answer)



    • explain me the inward clearning and outward clearing
    • what is "Next of Kin". what type of accounts there in NBP and what type of people open their accounts in NBP. 
    • can you explain the purpose of leverage ratio?
    • what should be the normal currant ratio?
    • what is the purpose of activity ratio?
    • can you explain the difference between dupoint ratio and debt ratio
    •  what the work which you perfrom in the finance and accounting departmetn ofointernee organizaion
    • pllzzz tels the any one strong  strength, oppurtunity, threats or weakness of the relevent organizaion?
    • any recomendation which you want to give your organizaion?
    • only finace department related recomendation which you want to say?
    •  have any software  which is use in Accounting and finance department of your organization?
    --


    Marina Khan 



    --


    Marina Khan 

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