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Illustration - 6a

AFM

answered on 27-Sep-26 14:59

Sir, in the third question, nowhere is it mentioned that the return calculated should be considered as the nominal return. So, why are we treating the return calculated in the first step as the nominal return for calculating the real return?

latest answer

Usually return is quoted nominal

Pavan Naidu ca

Pavan Naidu ca

CA Final

★ 320

1

27

AFM notes

AFM

answered on 28-Sep-26 08:58

It shows error while opening pdf

latest answer

Ok.. Sir..

Gomathi K

Gomathi K

CA Final

★ 40K+

2

29

Ethics

CFA

answered on 27-Sep-26 14:39

A buy or sell rating from a brokers or any institutions is it a material non public information? Or is it just an opinion which can not be considered material non public info under standard 2A explain

latest answer

Yes before it is released it is material non public information After it is released it is just an opinion

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

★ 18K+

1

30

Forward contract

AFM

answered on 27-Sep-26 12:08

I understood the concept well but one query while solving is how to identify which is the domestic currency and foreign currency. Is there any specific assumption to be taken? [Video Time Stamp: 12:52]

latest answer

usually all quotes are direct for all currencies other than EUR / GBP / AUG / NZD & CAD So all these quotes will be number of USD per using of any of the above currencies For all other currencies exchange rate quotes are units of the home currency per unit of USD In case of cross currency quotes eg INR and SGD, question will specify where the merchant located and what is the quote type

Bharathkumar Sivakumar

Bharathkumar Sivakumar

CA Final

★ 780

1

35

Summary

AFM

answered on 27-Sep-26 09:04

Is this summary correct. Can we understand in this way [Video Time Stamp: 00:05]

latest answer

Ok sir

Lavanya Ravi

Lavanya Ravi

CA Final

★ 180

4

32

Classification of revenue

Financial Reporting

answered on 28-Sep-26 09:49

here my operating activity is constuction but due to the delay in payment and showing income as a financing income my revenue from operation will be lesser than other income. is this right/ true and fair ? [Video Time Stamp: 20:06]

latest answer

The interest component of deferred payment is shown as financing income and will reduce the operating revenue to that extent.

Niranjan Bhat

Niranjan Bhat

CA Final

★ 10K+

1

34

Revenue

Financial Reporting

answered on 28-Sep-26 09:48

Here the revenue of year 1 and 2 will be shown as Receivables in BS Right ? [Video Time Stamp: 18:32]

latest answer

Yes

Niranjan Bhat

Niranjan Bhat

CA Final

★ 10K+

1

27

Ownership vs Possession

Corporate & Other Laws

answered on 27-Sep-26 09:09

If I have given my laptop to a service center for repair purposes and they asked me to collect it after 2 days but before that the service center caught fire and the laptop was destroyed then can the damages be claimed from the center? If yes, then what amount can I recover? [Video Time Stamp: 02:36]

latest answer

Ok sir

Unnati Mittal

Unnati Mittal

CA Foundation

★ 0

2

71

Sale by sample

Corporate & Other Laws

answered on 27-Sep-26 08:20

If Mr. Das specified his requirement as to the length of the rice and was then shown the sample which contains both long and short grains and still he was negligent and placed the bulk order of that same sample then what will happen in that case? [Video Time Stamp: 04:25]

latest answer

Mr. Das will not be able to repudiate the contract.

Unnati Mittal

Unnati Mittal

CA Foundation

★ 0

1

29

Discount Allocation

Financial Reporting

answered on 28-Sep-26 09:57

instead of doing like this can i do Year Amount Revenue Discount/liability 1 750000 637500 -112500 2 300000 375000 75000 3 150000 187500 37500 [Video Time Stamp: 03:06]

latest answer

Ind AS 115 does not permit deducting the absolute expected discount directly from the initial consideration. The renewal discount provides a material right to the customer. So this method is not acceptable.

Niranjan Bhat

Niranjan Bhat

CA Final

★ 10K+

1

26