Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What is ment by asset revaluation?

Answers were Sorted based on User's Feedback



What is ment by asset revaluation?..

Answer / jagannadharao

Revaluation of the assets according to the prevailing
market value is called asset revaluation. the excess value
will be credited to revaluation reserve account.

Is This Answer Correct ?    19 Yes 4 No

What is ment by asset revaluation?..

Answer / raghuka

Revaluation is the process wherein the value of Asset is
increased or decreased, and offset value is credited or
debited to revalution reserve account.

Is This Answer Correct ?    14 Yes 4 No

What is ment by asset revaluation?..

Answer / shalika prabha kumari.

Revaluation must be done when their's a difference between carrying value and fair value of the asset. Adjustment of carrying value of the asset to the present market value is called revaluation..

Is This Answer Correct ?    2 Yes 0 No

What is ment by asset revaluation?..

Answer / rahmath

revaluation is done for reassesment of foreign currency
denominated as account receivable and accounts payble.

Is This Answer Correct ?    0 Yes 10 No

Post New Answer

More Oracle Apps Financial Interview Questions

What is the significance of asset books in FA? Types?

1 Answers  


Can we implement MRC at Payables?

4 Answers  


explain your project plan with exam pal? i am preparing inter view .............

0 Answers   Wipro,


What are the steps followed in creating the accounting flexfields?

3 Answers  


Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com

0 Answers  


you have received excess money from the customer. now you want to refund the excess money. what is the set up for that?

4 Answers   Conacent,


what is the meaning of api ?what is the use of it ?

3 Answers  


if you are not having a cashmanagement module how to reconcile or how to clear the transactions?

2 Answers   Genpact,


Can different SOBs share the same value set?

3 Answers  


1: What is major difference between Bank and Bank Account?

6 Answers   BirlaSoft,


How many reporting Set of Books can be attached to one primary Set of Books

8 Answers   HCL,


Can I post the reversal entry in before period of actual journal entry?

2 Answers  


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)