Crossover rate is the cost of capital at which the net present values of two projects are equal. It is the point at which the net present value profile of one project crosses over (intersects) the net present value profile of the other project is called crossover rate.

Accounting Management is the practical application of management techniques to control and report on the financial health of the organization. This involves the analysis, planning, implementation, and control of programs designed to provide financial data reporting for managerial decision making.

After posting all transactions from an accounting period, accountants prepare a trial balance to verify that the total of all accounts with debit balances equals the total of all accounts with credit balances. The trial balance lists every open general ledger account by account number and provides separate debit and credit columns for entering account balances.

Financial accounting is a specialized branch of accounting that keeps track of a company’s financial transactions. Using standardized guidelines, the transactions are recorded, summarized, and presented in a financial report or financial statement such as an income statement or a balance sheet.

The final representation of how much money a company has earned from doing business over the course of a year, shown on the company’s income statement. It takes all the money a company has received from operating and subtracts all expenses, including operating expenses, financing costs, and taxes. Net profit is calculated as total revenue minus total expenses.

An intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company’s brand name, good customer relations, good employee relations, solid customer base and any patents or proprietary technology represent goodwill.

Credit card company will allow a card holder to take out at once (If your card limit is 50,000 you can’t credit more then ) on a credit card. This limit called “Credit Limit”

Current assets are things like cash and cash equivalents, accounts receivable and inventories. They are defined as anything that could be sold quickly to raise money. Current liabilities are what the company owes in short order mostly accounts payable and short-term debt.

Credit Information Bureau Limited (CIBIL) is India’s first Credit Information Company (CIC) founded in August 2000. CIBIL collects and maintains records of an individual’s payments of loans and credit cards.