Here is an essay on ‘Cost Audit’ for class 9, 10, 11 and 12. Find paragraphs, long and short essays on ‘Cost Audit’ especially written for school and college students. Essay on Cost Audit Essay Contents: Essay on the Introduction to Cost Audit Essay on the Objects of Cost Audit Essay on the Types of Cost Audit Centre Essay on [...]
Some of the most frequently asked exam questions on verification and valuation of assets and liabilities are as follows: Q.1. What is meant by verification of assets and liabilities? State the object of such verification. Ans. The verification of assets and liabilities involves the consideration of the following points: 1. That each asset/liability is correctly stated in the balance sheet. [...]
In this article we will discuss about the verification of assets and liabilities in a bank: 1. Cash and Bank Balances 2. Deposits and Other Accounts 3. Acceptances, Endorsements and Other Obligations 4. Borrowings from Others 5. Loans and Advances 6. Investments 7. Bills Purchased and Discounted 8. Inter-Branch, Inter-Company, and Overseas Transactions 9. Money at Call and Short Notice. [...]