Answer / prasad deshmukh

credit management is one of the most important policy for
the organisation. which can be helpful for fund management
as well as reduction of cost of capital of the company. By
generally internal capital.

Answer / ma10kumar

Credit Management is an essential component of Financial
Management. The reason is Delayed payment of credit will
damage the goodwill of the organization among creditors. In
the extreme end, improper credit management may affect the
liquidity of the organization and may result in closure of
its businesses. Therefore, proper credit management should
be ensured by the finance team and management.

- Ma10kumar, Chennai

Answered but misspelled pl correct YOU CANNOT FIND CLOSING BALANCES OF ___________ACCOUNTS IN THE NEXT YEAR BOOKS(ANS.EEERVNU)

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Distinguish capital and revenue expenditure

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what is the meaning of Amortization

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Revenue from sale of products is generally realized in the period in which 1.Cash is collected 2.When sale is made

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