Accounts Officer Question:
Download Job Interview Questions and Answers PDF
Can you define ordinary annuity?
Answer:
In accounting, an ordinary annuity refers to a series of identical cash amounts with each amount occurring at the end of equal time intervals.
An ordinary annuity is also known as an annuity in arrears.
An ordinary annuity is also known as an annuity in arrears.
Download Accounts Officer Interview Questions And Answers
PDF
| Previous Question | Next Question |
| You majored in philosophy. How did that prepare you for this career? | Explain about premium on bonds payable? |