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What are fund based limits?
Fund Based Limit is a limit in which the Co is getting money actually(Cash). whereas in non-fund base limit bank make payment on behalf of company. Fund Base Limit: Cash Credit Term Loan Non-Fund Base Limit: Bank Gurantee Packing Credit Letter of Credit
What are fund based and non fund based advances?
Fund Based Limit is a limit in which the Co. is getting money actually(Cash). eg: Cash Credit Term Loan Non Fund Base limit bank make payment on behalf of company. eg: Bank Guarantee Packing Credit Letter of Credit
Is pension fund a current liability or non current liability?
A pension fund is considered a non-current asset but it is a long term investment fund .
How do you calculate the expense ratio in a mutual fund?
To calculate the expense ratio of a mutual fund, you divide the total expenses of the fund by its average net assets. This ratio represents the percentage of a fund's assets that are used to cover operating expenses.
What is operation and maintenance army funds spending limit?
In the U.S. Army, the spending limit for operation and maintenance (O&M) funds generally varies based on the specific budgetary guidelines and the nature of the expenditures. For non-appropriated fund expenditures, the limit can be around $250,000, while for appropriated fund expenditures, the limit may differ based on the type of contract or procurement involved. It's important to consult specific Army regulations or budgetary directives for precise thresholds, as these can change annually or with different funding cycles.
What is non fund based accounting?
nothing
The limit on maximum entry or exit load that a fund can charge is determined by the?
AMFI
How do you calculate the total investment in a load fund?
To calculate the total investment in a load fund, you multiply the number of shares purchased by the net asset value (NAV) per share. The NAV represents the price of one share of the fund on a given trading day. The result is the total amount of money invested in the load fund.
How do you calculate working load limit?
There are several ways to calculate working load limit. One of these includes Minimum Breaking Load (MBL) divided by Working Load Limit (WLL) equals Working Load Limit (WLL).
What are Non fund based limit?
The credit facilities given by the banks where actual bank funds are not involved are termed as 'non‑fund based facilities'. These facilities are divided in three broad categories as under: q Letters of credit q Guarantees q Co‑acceptance of‑bills/deferred payment guarantees. Units for the above facilities are also simultaneously sanctioned by banks while sanctioning other fund based credit limits like Cash Credit & Term Loan.
What are prefixes for limit?
Some prefixes for limit include "re-" (e.g. restraints on limit), "non-" (e.g. non-limiting factors), and "un-" (e.g. unlimited potential).
What is a non sufficient fund?
A bank fee for bouncing a check
