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Bad debts are the amounts owed to a company that are unlikely to be paid back.
Bad debts are a loss for the company as they cannot recover the amount owed.
They are usually written off as an expense in the company's financial statements.
Examples include unpaid invoices, defaulted loans, and bounced checks.
Companies may try to recover bad debts through debt collection agencies or legal action.
Bad debts can be minimized th...
The Golden Rule is a moral principle that states one should treat others as they would like to be treated.
The Golden Rule is also known as the ethic of reciprocity.
It is found in many cultures and religions around the world.
Examples include 'Do unto others as you would have them do unto you' and 'Love your neighbor as yourself.'
A financial statement that shows a company's assets, liabilities, and equity at a specific point in time.
It is a snapshot of a company's financial position.
Assets are listed on the left side and liabilities and equity on the right side.
The equation Assets = Liabilities + Equity must always balance.
It helps investors and creditors to evaluate a company's financial health.
Examples of assets include cash, inventory, and p...
There are two main types of accounting: financial accounting and managerial accounting.
Financial accounting focuses on external reporting and providing financial information to stakeholders.
Managerial accounting focuses on internal decision-making and providing financial information to management.
Other types of accounting include tax accounting, auditing, and forensic accounting.
Tax accounting involves preparing tax re...
A mortgage is a loan taken out to purchase a property, where the property serves as collateral for the loan.
Mortgages are typically long-term loans, with repayment periods ranging from 15 to 30 years.
Interest rates on mortgages can be fixed or adjustable.
Mortgages can be obtained from banks, credit unions, or other financial institutions.
The amount of the mortgage loan is based on the value of the property being purcha...
I applied via Referral and was interviewed in Mar 2023. There were 2 interview rounds.
KYC documents refer to the documents required for verifying the identity of customers.
KYC documents include government-issued ID cards such as driver's license, passport, or Aadhaar card.
Proof of address documents like utility bills, bank statements, or rental agreements are also required for KYC.
Additional documents may be needed depending on the financial institution's requirements, such as income proof or PAN card.
K...
I applied via Naukri.com and was interviewed in May 2022. There were 2 interview rounds.
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posted on 18 Jun 2023
I applied via Referral and was interviewed in May 2023. There were 3 interview rounds.
I applied via Instagram and was interviewed in Jul 2023. There were 2 interview rounds.
About online marketing in today generation
posted on 20 Nov 2022
I am a highly motivated and results-driven professional with a strong background in business development.
Experienced in identifying and pursuing new business opportunities
Proven track record of successfully closing deals and exceeding sales targets
Skilled in building and maintaining relationships with clients and stakeholders
Strong analytical and problem-solving skills
Excellent communication and negotiation abilities
Sales is the process of selling products or services to customers in exchange for money or other valuable consideration.
Sales involves identifying potential customers and their needs
It requires effective communication and persuasion skills
Salespeople must be knowledgeable about the products or services they are selling
Closing the sale and following up with customers is also important
Examples include selling cars, insur
posted on 25 Apr 2024
I applied via Referral and was interviewed before Apr 2023. There was 1 interview round.
posted on 7 May 2022
I applied via Referral and was interviewed in Nov 2021. There were 2 interview rounds.
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Business Associate
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