Absolutely. A company that's experiencing a deterioration of working capital (i.e. decrease in accounts payable, increase in accounts receivable) can show positive net income but be in financial trouble in the future. It's also possible to show positive net income while in financial trouble by manipulating financial statements (e.g. revenue recognition, expense recognition, etc.)
Why should we hire you as Income Tax Expert?
Explain me how will you calculate House Rent Allowance (HRA)?
Tell us what do you mean by Commercial Tax?
Explain is it possible for a company to show positive cash flows but be in grave trouble?
Tell me what are the various systems of Accounting?
Explain what are the main duties and responsibilities of a finance executive?
Do you know what is Opportunity Cost and Differential Cost?
Explain me deferred tax Liability? What items come under deferred tax liability?
Tell me how will you decide the residential status of an individual?
Explain me what is the difference between profit and gain?
rendc.org
Whether it is technological solutions or user-oriented innovations, We have put together for you the best sources of HR Interview Questions and Answers, Tech Ideas, and Programming Tutorials."
Get all the latest information on rendc.org
© 2022 | All rights reserved.
RENDC
welcome to www.rendc.org
