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Budget and budgetary control

Costing

answered on 09-Oct-23 15:27

What type of budgets are mostly asked to prepare in exams

latest answer

I think you should revise all budgets which are given in study material. There is no specific budget which is frequently asked in exams.

Prasoon Tiwari

Prasoon Tiwari

CA Inter

22K+

1

425

Accounting for financial instruments

Financial Reporting

answered on 09-Oct-23 08:58

Module 3 of ICAI material page 12.134 Illustration 13 suddenly I have forgotten how amortised cost is calculated. Can anyone help me on this. In the amortised cost coloumn 103.68, 103.09, 102.43 how arrived I am not clear

latest answer

Opening balance plus interest - payments

swaminathan sundaram

swaminathan sundaram

CA Final

110

1

296

EXEMPTION OF FM SM FOR UNIT 10 STUDENTS

Exams

answered on 09-Oct-23 07:25

I ask this doubt in almost every social media, and YouTube comments but no one CLEAR AND CORRECT knowledge of this. THAN I CHECK ABILITY OF THIS PLATFORM DOUBT: I CLEAR GROUP 1 AFTER THAT I was converted IPCC GROUP 2 TO "CA INTER - UNIT 10" AND "UNIT 10 having 3 subjects" right now Adv acc, Auditing EISM IF I WRITE EXAM IN MAY 2024 IS FMSM IS EXEMPTED AS I already qualified FM IN GROUP 1 IPCC. (IN ICAI RELEASED EXEMPTION PDF ALSO NOT MENTIONED ABOUT UNIT 10)

latest answer

You need to write Audit and FMSM. Applicable unit 2D

PHANINDRA PASUMARTHI

PHANINDRA PASUMARTHI

CA Inter

105

1

697

Chapter 8

Corporate & Other Laws

answered on 09-Oct-23 07:18

I have a doubt in payment of dividend actually dividend is prohibited to nidhi company then what is this point!? like its writen like any dividend payable to nidhi will be credited to the members account!! Is that mean dividend is payable?

latest answer

Thank you i was confused about sec 8 company and nidhi company!! Thanks

Ramya Navanitham

Ramya Navanitham

CA Final

75

3

406

Jayanthi

Maths & Stats

answered on 09-Oct-23 06:52

This sum is also confusing sir please explain the sum. 13) 120, 80, 40, 45,?, 15. I tried to solve but I couldn't sir.

latest answer

Ans is 30, 5*3=15, 5*6=30, 5*9=45 5*8=40, 5*16= 80, 5*24= 120

Kumari Jayanthi

Kumari Jayanthi

CA Foundation

2K+

2

539

Accounting

Accountancy

answered on 08-Oct-23 21:49

If I leave Q1 wholly of account paper then will my paper be checked or not

latest answer

Yes paper will be evaluated but if you attend 5 questions excluding the compulsory question only 4 of those will be corrected and the last one will not be considered. So it's like you attended only for 80 marks.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

2

373

Jayanthi

Maths & Stats

answered on 09-Oct-23 07:03

I tried to solve the sum but I couldn't this one also sir.

latest answer

Simple trick is A:B=3:2 and B:C =3:5 Multiple 1st ratio with 3 and second ratio with 2 A:B=9:6 and B:C =6:10, now in both ratio B VALIE IS SAME 6 SO can combine ratio A:B:C 9:6:10 yo make sure B value is same in both ratio multiplication was necessary

Kumari Jayanthi

Kumari Jayanthi

CA Foundation

2K+

2

371

Jayanthi

Maths & Stats

answered on 09-Oct-23 07:07

Hello sir, I can't understand this sum, sir please explain the sum

latest answer

Sud uplicate means square root, and form equation and solve step by step

Kumari Jayanthi

Kumari Jayanthi

CA Foundation

2K+

3

412

Interim Financial Reporting

Financial Reporting

answered on 10-Oct-23 11:55

Question 19 Ind As 34 May 2023 if results are published quarterly then 3 months ended 30th September Profit and Loss we have to give that means it is from July, August September Separately April, May, June Separately. (Answer given in page 34)

latest answer

July-Sep Apr - Sep https://youtu.be/vRJ3dLooBK8?si=7i8O3gjgBsMp8nie&t=1425 Discussed here.

swaminathan sundaram

swaminathan sundaram

CA Final

110

2

333

BASIC CONCEPTS, RESIDENTIAL STATUS AND SCOPE OF TOTAL INCOME - ILLUSRATIONS

Direct Taxation

answered on 09-Oct-23 17:44

In Illn. 7a, Mr. R is supposed to be born in Lahore in 1948. So how is he a person of Indian origin? Lahore was separated from India in 1947. Could someone please clarify? Thanks in Advance!

latest answer

You can take both assumptions.

Amirtha Kannan

Amirtha Kannan

CA Inter

295

22

464