0
Why is important for a financial institution to adjust on a timely basis?
Wiki User
∙ 12y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the meaning of mortgage loan?
A Mortgage Loan is a loan granted by a bank or other financial institution on real property to any individual or group that has taken out the mortgage with the institution. The property remains in the posession of the owner so long as the payments on the loan are paid in timely fashion. If the owner defaults on the loan payment, however, then the bank has the right to foreclose on the property.
Why is it important for a person to pay bills owed to creditors in a timely manner?
Is is very important for a person to pay bills owed to creditors in a timely manner, because if they don't, they will end up getting millions of phone calls from the collection agency, and will get sued.
What do CFO do?
there is a lot of things that the CFO of an company do but one thing is that they are responsible for presenting and reporting accurate and timely historical financial information of the company he or she works for.
The roles of a Certifying Officer and an Accountable Official are important?
They are important because they ensure legally accurate and timely recording of supporting documentation and payment vouchers
If an unpaid account on your credit report is paid does that improve your score?
Not by much. It's more important to your score to pay it in a timely manner.
Why should financial information must be shared in a timely manner?
why should financial information must be shared in a timely manner?
Are you conveying important information timely?
yes, but not timely. Mainly Timelessly.
Does OU have financial aid?
Yes; OU has financial aid available if you qualify and submit the paperwork in a timely manner.
What is the meaning of mortgage loan?
A Mortgage Loan is a loan granted by a bank or other financial institution on real property to any individual or group that has taken out the mortgage with the institution. The property remains in the posession of the owner so long as the payments on the loan are paid in timely fashion. If the owner defaults on the loan payment, however, then the bank has the right to foreclose on the property.
Why is it important to report incidents accurately and in a timely manner?
why it's important to keep accurate and timely reports of incidents that put people's health, safety and security at risk.
Why is maintaining a reliable accurate and timely accounting system important?
without good records it is impossible to determined the financial condition or profitability of a business and also to identify all your business assets , liabilities, income and expenses
Define financial system?
Financial system is the processes and procedures used by a firm's management to exercise financial control and accountability. These measures include ecording, verification and timely reporting of transactions that affect revenues, expenditures, assets and liabilities.
What is concurrent audit?
Concurrent audit is a systematic and timely examination of financial trascation on a regular basis to ensure accuracy, compliance with procedure and guidelines.
What does timely mean?
It's a tool that helps you adjust the timing of your engine.
Why is it important for a person to pay bills owed to creditors in a timely manner?
Is is very important for a person to pay bills owed to creditors in a timely manner, because if they don't, they will end up getting millions of phone calls from the collection agency, and will get sued.
What do CFO do?
there is a lot of things that the CFO of an company do but one thing is that they are responsible for presenting and reporting accurate and timely historical financial information of the company he or she works for.
Most important achievements of a chief Accountant?
Maintain system of accounts
