In the audit of banks ,why we can't do analytics for loan but it is possible for interest amount?
Could anyone clarify this doubt to me?
Answers (4)
How is it possible for analytics for interest amount?
Actually it was asked in one of the mcqs in test series , really I too don't know about the word analytics.Thatswhy I am asking for any clear explanation from someone.
Actually it was asked in one of the mcqs in test series , really I too don't know about the word analytics.Thatswhy I am asking for any clear explanation from someone.
Interest analytics We know how many loans have been given in the year. Consider total loans during the year, categorise and compute interest based on fixed interest rates for the general due periods