Data Structure
Networking
RDBMS
Operating System
Java
MS Excel
iOS
HTML
CSS
Android
Python
C Programming
C++
C#
MongoDB
MySQL
Javascript
PHP
Accounting is used to track the monetary transactions and also used as a tool for reporting business financial statements whereas Auditing is the verification activity. It verifies financial statements. It checks and confirms the authenticity of books prepared by accounting people. Validity and reliability of accounting information is also determined using auditingAccountingIt is a business language that helps in understanding the economic activities of business. The main function is to provide information (financial nature) which is helpful for decision making. Tax accounting, social responsibility accounting, financial accounting, HR accounting are fields of accounting. Primary objectives areKeep proper record (journal, ledger, ... Read More
Let us see first understand what cash settlement and physical settlement are −Cash settlementIn this net settlement is done with cash on settlement date, that means, it does not involve any physical delivery of assets or asset. In this, contractor pays the difference amount of spot price and future price. Contractor pays difference amount in cash at the time of settlement.Physical settlementIt involves physical delivery of underlying asset or assets on settlement date. This process is coordinate by clearing agents or brokers. In this, if contractor holds SHORT POSITION then he will responsible for physical delivery. If contractor holds LONG ... Read More
In forward contract both sellers and buyers involve in forward transactions and both are obligated to fulfill their obligations on or before maturity or expiry date. Obligations of forward contract are as followsBuy or sell underlying asset at forward price or specific priceBuy or sell underlying asset at expiry date or on contract maturity or at particular timeNot traded on exchangesThe main characteristics of forward contracts are explained below −Not traded − Forward contracts are designed to meet specific requirements of company. These contracts are not traded in the market.No premium − Since these contracts are not traded in markets, ... Read More
Corporate restructuring is a process, where the entity modifies its capital structure or operations. Corporate restructuring is preferred, if there are significant problems in the financials of the corporation and to enhance their performances. Change in ownership is also one of the causes for corporate restructuring. Financial and legal experts are hired to assist in the process.ReasonsThe reasons for corporate restructuring are as follows −Change in strategy.No profits for a long time.Reverse synergy.More cash flow requirements.CharacteristicsThe characteristics of corporate restructuring are as follows −Improves balance sheet.Reduction of staff.Change in management.Disposing assets (underutilized).Outsourcing.Operational shift.Reorganizing functions.Labor contracts renegotiations.Debts rescheduling.AspectsThe aspects to consider ... Read More
Given a number in the form of a string, we need to find where to make it divisible by eight after deleting zero or more elements. In other words, we need to find whether there is a subsequence of the string, which is divisible by 8. Return the modified string or -1 if it is not possible.Any number whose last three digits are divisible by 8 is also divisible by 8. For example, 56992992 and 476360 are divisible by 8, but 2587788 is not. If the result is a whole number, then the original number is divisible by 8.We can ... Read More
In this problem, we have a binary tree with a path from the root node to the leaf node that is completely defined. The sum of all nodes from a root node to a leaf node must be greater than or equal to k. So we need to remove all nodes in the paths whose sum is less than k. An important thing to remember here is that a node may be a part of many paths, so only remove such nodes if all the paths have sum < k.From the root node to the leaf node, we can calculate ... Read More
Soft skills always revolve around your personal relationships such as your attitude and character. You have to slowly develop and nurture these skills by working and increasing your work performance, build stronger relationships and work very hard towards your promotion.You need to develop your communication skills, strengthen your personal relationships and demonstrate your personal enthusiasm to show your managers and superiors that your soft skills are top notch.These can be done through the following ways:Express yourself − First focus on your communication skills. This could be very simple as something as determining whether your colleague is free for lunch or ... Read More
Earthquakes are caused when the rock which is present beneath the ground starts to rupture or breaks the ground along a fault line.Earthquakes usually occur when the Earth's crust which is also known as tectonic plates move past each other under the ground. Due to this, a sudden release of energy is formed which gives rise to seismic waves, and these seismic waves will shake the ground.The earthquakes affect the geography of the earth in the following ways:Ground ShakingGround shaking is a frequent result of earthquakes.When earthquakes have occurred, the first thing the earthquake effects is the ground.When the rocks ... Read More
A forward contract is an agreement between two parties where, one party agrees to buy second party asset on a particular future date at a fixed price. This is a type of derivative financial instrument. It has right and obligation to be executed.In this contract, a buyer is called LONG and seller is called SHORT. Banks, investors and hedge funds use forward contracts. Here, both parties will hold their position till contract expires.Components of forward contractsAsset − underlying asset which is specified in contractExpiration date − date at which asset is delivered and paidQuantity − amount or size of asset which ... Read More
ConsentWhen two or more persons agree upon same thing and in same sense, it is consent.If a contract to be valid the consent of parties should be genuine. Consensus-ad-idem principle followed by parties in contract. Parties should have same understanding on subject matter in contract. Mere consent is not enough, free consent is necessary for a contract to be enforceable. Factors which invalidate consent are coercion, undue influence, fraud and misrepresentationFree consentIf consent is not caused by a) coercion (section 15), b) undue influence (section 16), c) fraud (section 17), d) misrepresentation (section 18) or mistake (sections 20, 21, 22).According ... Read More