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financial gains made in an economic transaction
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What type of risk is generally considered only a paper gain or loss?
Gain or loss happens when you sell. Thus the loss or gain on paper is only a status. However this is used in marking your position to market and necessary action or provision is made for this paper loss, in a prudent financial managment. If there is paper gain no action is taken.
What is meant by discretionary fiscal policy?
it means supposedly there is a real financial policy, but in truth, someone else has complete control over it, and may do whatecer they and/or their group desire. Manipulation by the government of policy affecting the macroeconomic status of a country, but only such decisions are made after financial and economic reports are made to the congress/government.
How are economic decisions made in a traditional economy?
they are made by custom and habit
Economic decisions are made by?
no one know's
What is the definition of basic economic questions?
Basic economic questions all deal with scarcity. These type of questions must be asked so that economic decisions will be made that are beneficial.
Difference between business transaction and personal transaction?
I made a research and it says that: Business transaction is a economic activity or event that initiates the accounting process of recording it in the firm's accounting system while personal transaction means is a set of custom fields grouped together into a specific transaction type ad linked into a role. -Internet, Wikipedia
What is a public market transaction?
A public market transaction is a transaction that is made in an organized market.
What is the difference between journal entries vs adjusting entries?
Journal entries are recorded as soon as financial transaction occures while adjusting entries are made to rectify the previously made journal entries.
Purpose of using Payment Voucher and Receipt voucher in Financial Transactions?
The main purpose of using a payment voucher and receipt voucher in financial transactions is proof that a payment has been made and received. This provides both parties with documents that prove that a transaction took place.
Forgery of a financial instrument means a person did what?
Forgery of a Financial Instrument, means a person knowingly and willingly counterfeited, falsely made, embossed, or encoded magnetically or electronically any financial transaction card, money order, or check. With intent to defraud. [or] willfully deposited into his or her account or any other account by means of an automatic banking device, any false, forged, fictitious, altered or counterfeit check draft, money order, or any other such document.] [used the financial transaction card account number or personal identification code of a card holder in the creation of a fictitious or counterfeit credit card sales draft, signed the name of another or a fictitious name to a financial transaction card, sales slip, sales draft, credit card sales draft, or an instrument for the payment of money which evidenced a financial transaction card transaction.] If any of the above has not been proven beyond a reasonable doubt, you must find the defendant not guilty. If each of the above has been proven beyond a reasonable doubt, then you must find the defendant guilty.
What is forgery financial instrument?
Forgery of a Financial Instrument, means a person knowingly and willingly counterfeited, falsely made, embossed, or encoded magnetically or electronically any financial transaction card, money order, or check. With intent to defraud. [or] willfully deposited into his or her account or any other account by means of an automatic banking device, any false, forged, fictitious, altered or counterfeit check draft, money order, or any other such document.] [used the financial transaction card account number or personal identification code of a card holder in the creation of a fictitious or counterfeit credit card sales draft, signed the name of another or a fictitious name to a financial transaction card, sales slip, sales draft, credit card sales draft, or an instrument for the payment of money which evidenced a financial transaction card transaction.] If any of the above has not been proven beyond a reasonable doubt, you must find the defendant not guilty. If each of the above has been proven beyond a reasonable doubt, then you must find the defendant guilty.
What is Off US?
Off us transaction is a transaction made in an ATM or a POS of a bank different from the bank that issued the card used to make the transaction
What is transaction and core banking?
all transaction made one single window called core banking
What is lock-base protocols?
once one transaction is accessing the data, no other transaction is made to modify the data
What type of risk is generally considered only a paper gain or loss?
Gain or loss happens when you sell. Thus the loss or gain on paper is only a status. However this is used in marking your position to market and necessary action or provision is made for this paper loss, in a prudent financial managment. If there is paper gain no action is taken.
Why is water a necessity?
The majority of our bodies are made from it and made up of water. We loose water and so must gain it back to restore the levels. Evolutionists may claim that the amount of water could have been when the transaction from Sea creature to Mammal took place.
What is transaction processing?
you were introduced to the concepts behind transaction processing. But you may still be wondering just what this is. Transaction processing has been around since the mainframe days of computing. You may have heard of, or have even used, products such as CICS, Tuxedo, or TopEnd. These are all examples of transaction processing systems, which provide transaction services to applications that use them. There are a number of attributes that make up transaction processing.In order to discuss transaction processing, we must first agree on a definition of what a transaction is. A transaction is an atomic unit of work that either fails or succeeds. There is no such thing as a partial completion of a transaction. Since a transaction can be made up of many steps, each step in the transaction must succeed for the transaction to be successful. If any one part of the transaction fails, then the entire transaction fails. When a transaction fails, the system needs to return to the state that it was in before the transaction was started. This is known as rollback. When a transaction fails, then the changes that had been made are said to be "rolled back." In effect, this is acting similar to the way the Undo command works in most word processors. When you select undo, the change that you just may have made is reversed. The transaction processing system is responsible for carrying out this undo.
