Define Scrap value in accounting?
Submitted by: AdministratorIt is the residual value of an asset. The residual value is the value that any asset holds after its estimated life time.
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Read Online Secretary Accountant Job Interview Questions And Answers
Top Secretary Accountant Questions
| ☺ | If a company has three bank accounts for processing payments, what is the minimum number of ledgers it needs? |
| ☺ | Why is it easier for someone to perpetrate fraud using a journal entry than with a ledger? |
| ☺ | If a private company with break-even operations received a $10 million investment, how would you develop a strategy to spend or invest that money? |
| ☺ | When a company is using double-entry accounting, what elements of a given ledger must be equal? |
| ☺ | What challenges have you faced in leading a team through an analysis project? |
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| ☺ | Accounting Interview Questions. |
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