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Nowadays, we can use any bank's ATM card in another bank's ATM.
Information Systems
answered on 18-Nov-20 12:14
Not necessarily other banks. Even Post office ATM cards we can use in Banks' ATM. Each bank has their own, respective CBS, which is centralized for need of that branch, right? Then what is happening in this case? Is the Centralized Data Centers/servers being shared or something?
latest answer
ATM Switches interact with servers of banks - servers are not shared but access to specific items like balances, ability to withdraw are given access to all other banks ATM's
Kumarjit Dey
CA Inter
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751
Company accounts
Accountancy
answered on 18-Nov-20 08:08
Why they are adding forfeiture share to share capital?1500(RAM-500 shares SHYAM-1000 shares)??
latest answer
Forfeited shares balance are shown under share capital.
Aravindh Kumar
CA Inter
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1
783
CASA Process Flow
Information Systems
answered on 19-Nov-20 13:30
"The credit team verify the document assess the financial and creditworthiness of the borrowers and updates facilities in the customer account." For Current account it is understandable, but what is the necessity for determinign credit worthiness in case customer wants to savings account? Cant just anyone open a savings account with the bank?
latest answer
Okay. Understood.
Kumarjit Dey
CA Inter
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7
729
Operating System Security
Information Systems
answered on 18-Nov-20 08:11
"Refers to security for operating system software which is installed in the servers and Systems which are connected to the servers" OS software installed in system is Windows/MacOS, right? Can you give an e.g. of OS installed in "server"?
latest answer
You can have windows/Linux on server.
Kumarjit Dey
CA Inter
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1
660
Do CBS developers like Infosys, TCS develop...
Information Systems
answered on 18-Nov-20 09:13
the web interfaces and mobile applications of bank?
latest answer
Thank you.
Kumarjit Dey
CA Inter
★ 4K+
2
730
Audit Report
Auditing
answered on 18-Nov-20 13:22
Why is the opinion of auditor called as modified/unmodified? If auditor gets reasonable assurance that FS are free from material misstatements and reflect the true state of affairs of business, he gives a clean opinion. Why should it be called 'unmodified'. It could be called clean opinion itself right? What is that he is not modifying? I don't understand the reason behind this. Can anyone kindly educate me this?
latest answer
Thank you Sir. So, it's just a name given that's it? So, modified opinion doesn't indicate anything like, something which was done earlier is now modified or something like that. Can I understand it like this Sir?
Rama Sesha Gopal
CA Final
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2
694
Doubt
Accountancy
answered on 18-Nov-20 08:14
Sir here closing inventory is not shown in trial balance why? When to show and not to show in trial balance
latest answer
If it is adjusted against purchases, then it is show in trial balance. Otherwise its given in adjustment.
Sri kanaga Varshini
CA Final
★ 3K+
1
600
RFA definition of Salary
Direct Taxation
answered on 18-Nov-20 17:04
Hi pl te whether professional tax paid by employer is included in definition of Salary for computing Rent free accommodation
latest answer
Amount actually paid during the year. However, if professional tax is paid by the employer on behalf of its employee than it is first included in the salary of the employee as a perquisite and then same amount is allowed as deduction. Refer link https://www.incometaxindia.gov.in/Charts%20%20Tables/Treatment_of_income_from_different_sources.htm
Ganesh kumar
CA Inter
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4
1K+
Exam center
Others
answered on 17-Nov-20 19:30
If I am giving my attempt in the month of January, will I be able to change the exam centre?
latest answer
Thank you Sir
Swetha S
CA Inter
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611
Validity of courses
Others
answered on 17-Nov-20 19:58
Sir when will the courses get expired?
latest answer
Okay sir!
Viveka R
CA Inter
★ 3K+
2
680