Finalyst November 2013 Issue November 2013 | Page 13

FINALYST

NOVEMBER 2013

FINWORD
Across
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word was derived from the French word Bougette meaning 'Little Bag'
The Retained Earnings account is associated with this form of business structure.
The routine sales of a corporation's accounts receivable.
a way for reinsurers to lay off their risk in the market
___________ money is the term used for the non-convertible paper money
term became popular after the newspaper report of Watergate Scandal in the year 1973
an economic asset with physical properties
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country that pioneered QE
borrowed money used to magnify the percentage return on an investment
_______________ should be recorded up to the date of an asset's disposal.
the speaker of the US house of Representative, who is central to the fiscal cliff negotiation
The cost flow assumption that results in less net income when the cost of the inventory items
is increasing
10. India's first Equipment Bank launched recently by SREI International Finance Ltd

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