Udyogini Associate Finance & Accounts Interview Questions and Answers

Child labor persists due to poverty, lack of education, and weak enforcement of laws.

• Poverty forces families to rely on children for income

• Lack of education limits opportunities for children and perpetuates the cycle of poverty

• Weak enforcement of laws allows employers to exploit children for cheap labor

• Cultural attitudes towards child labor also play a role in its persistence

• International demand for cheap goods fuels t...read more

The balance sheet is a financial statement that shows a company's assets, liabilities, and equity at a specific point in time.

• It provides a snapshot of a company's financial position.

• Assets are listed first, followed by liabilities and equity.

• The balance sheet equation is Assets = Liabilities + Equity.

• It helps investors and creditors evaluate a company's financial health.

• Examples of assets include cash, inventory, and ...read more