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A favorable balance refers to a situation where the positive aspects or outcomes of a financial account, trade, or other metrics exceed the negative ones. In finance, it often means that income or assets surpass expenses or liabilities, leading to a profit or surplus. In trade, it indicates that exports exceed imports, contributing to a trade surplus. Overall, a favorable balance signifies a healthy and advantageous position in a given context.
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What does Debit Balance in passbook means?
Debit balance in pass book means, favourable balance in bank Account.
When do leases provides off balance sheet financing?
Operating lease provide the off balance sheet financing because in that case company enjoys to use the asset but it is not shown in balance sheet which keeps the ratios in favourable conditions.
Marginal costing and absorption costing which is favourable?
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What are the causes direct material quantity variance?
what are some of the causes of material quntity variance of favourable amount
What is the difference between Actual balance and Available balance?
Actual balance is the real balance while avialable balance is the physical balance
What is the difference between favourable and unfavourable balance of payment?
when import of a country decrease and export increase it is known as favourable balance of of payment and vice versa
What does Debit Balance in passbook means?
Debit balance in pass book means, favourable balance in bank Account.
What is meant by favourable balance of payment?
The function and object of business is to make balance of payment favourable by increasing exports and decreasing imports, because this position makes the country prominent in the world
How can a country have a favourable balance of trade?
The country Favors one type of trade. If the country favors Food for example, their balance would be more focused on Food
When do leases provides off balance sheet financing?
Operating lease provide the off balance sheet financing because in that case company enjoys to use the asset but it is not shown in balance sheet which keeps the ratios in favourable conditions.
How does sun and rain play a role in the balance of abiotic factors?
water is essential for the transportation of pollen and keep the environment favourable for the pollination to occur
What do you mean by structural disequilibrium in bop?
structural disequilibrium denotes change in the economic structure of any state where the balance of payment was previously favourable.
How do you use favourable in sentence?
You can use "favourable" in a sentence to describe a situation that is advantageous or beneficial, such as "The weather forecast is favourable for our outdoor event."
What is the prefix favourable?
unfavour
Which is the correct spelling - 'favourable' or 'favorable'?
Favorable is the American spelling. Favourable is the British spelling.
What is the verb form of favourable?
Favour The teacher favours the girls.
What is a favorable event in probability?
A favourable outcome is one in which the event that you are looking for happens. The word favourable can have contrary connotations. If studying fatal lightning strikes, a "favourable" outcome is one in which someone dies from being struck by lightning. I don't know many people who would consider that "favourable"!
