TIAA Global Business Services Financial Analyst Interview Questions and Answers

Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.

• Mutual funds are managed by professional fund managers.

• Investors buy shares in the mutual fund and the value of their investment is determined by the performance of the underlying securities.

• Mutual funds offer diversification, liquidity, and convenience to investors.

• The...read more

Accrued income is the income that has been earned but not yet received or recorded in the books of accounts.

• It is a type of income that has been earned but not yet received.

• It is recorded in the books of accounts as a current asset.

• Examples include interest income, rent income, and commission income.

• It is recognized as revenue in the income statement when earned, not when received.

Yield is the return on investment, expressed as a percentage of the initial investment.

• Yield is the income generated by an investment.

• It is calculated by dividing the annual income by the initial investment.

• Yield can be expressed as a percentage or a dollar amount.

• Different types of investments have different yields, such as stocks, bonds, and real estate.

• Yield can be affected by factors such as interest rates, inflati