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Scope and objective of financial management

Financial Management

answered on 23-Dec-22 15:19

What should be the ideal answer for this question?

latest answer

We all are learners. I do believe this quote "Stay hungry, Stay foolish"

disha sharma

disha sharma

CA Inter

1K+

12

586

scope and objectives of financial management

Financial Management

answered on 08-Dec-22 17:56

When, the institute asks us to "discuss the two main aspects of finance functions" what answer do they want us to write? "is it about procurement or utilization of funds?" or" is it about long-term and short-term decisions?"

latest answer

In the module's suggested answers it asks us to refer paragraph 1.4. Doing which suggests the answer should be long-term and short-term decisions.

disha sharma

disha sharma

CA Inter

1K+

6

1K+

Articles of association

Corporate & Other Laws

answered on 09-Dec-22 14:13

What if article of pvt. Ltd. Company says that there should be minimum 4 members then what should be effect on section 6

latest answer

Section 6 allows it. AoA should not override Act. Min 4 members for private Co. is not contravening the Act's requirement.

komalkishor dhote

komalkishor dhote

Qualified CS

34K+

2

443

Internal reconstruction

Accountancy

answered on 09-Dec-22 22:03

In this question, they have mentioned it is converted. But, why they have considered it as capital reduction?

latest answer

From 50 to 20. Hence reduction.

vs navin

vs navin

CA Final

1K+

4

438

Direction sense test

Maths & Stats

answered on 21-Jan-23 00:11

. A child goes 50 meter towards south and then turning to his right, he gores 50 meter. Then turning to his left he goes 30 meter. Again he turns to his left and goes 50 meter. How far is he from his initial position a. 30 m b. 40 m c. 50 m d. 80 m

latest answer

80 m

Amriya Abdulsalam

Amriya Abdulsalam

CA Foundation

0

8

587

Buy back of shares

Corporate & Other Laws

answered on 08-Dec-22 12:15

As per section 67(1), company can't buy back unless consequent reduction of share capital is effected. But as per section 66(6) nothing in sec 66 applies to buy back under section 68. Aren't these two provisions contradictory

latest answer

Section 66 relates to the reduction of share capital where confirmation of the Tribunal is required. It excludes the buyback of shares as Sec. 68 specifically has provisions for the buyback.

Sarthak Aggarwal

Sarthak Aggarwal

CA Final

9K+

1

371

E rupi

Information Systems

answered on 08-Dec-22 17:36

Are e rupi vouchers always person and purpose specific? The e rupi introduced recently can be converted into bank deposits but in the material it is written that e rupi is purpose specific

latest answer

CBDC recently issued by RBI is not a purpose specific. Earlier e rupee is for specific purpose only

Sarthak Aggarwal

Sarthak Aggarwal

CA Final

9K+

4

467

Journal Entry

Accountancy

answered on 09-Dec-22 21:58

If our debtor has to pay us 2,00,000 but we could recover only 1,00,000 from him the remaining 1,00,000 will be Discount or Bad Debt??

latest answer

Bad debt.

Prathmesh kharul

Prathmesh kharul

CA Foundation

3K+

7

487

GST ON INCOME EARNED IN YOU TUBE OR THROUGH OLX OR ANY OTHER E-PLATFORMS

Indirect Taxation

answered on 08-Dec-22 18:03

SUPPLY? who will be liable to pay gst?

latest answer

There are two types of income. Content creation and Ads. Content creation income is received in India so it would attract GST. However, Youtube Ads income is paid by Youtube.

Kamal Kumar

Kamal Kumar

CA Inter

7K+

6

667

Ratio

Maths & Stats

answered on 08-Dec-22 12:39

If 3ð??¥â??2 5ð??¥â??6 is the duplicate ratio of the 2/3 then the value of â??xâ?? is a. 2 b. 6 c. 5 d. 9

latest answer

Bro, RHS has -24. How come it changes to +24 in the next stage?

Amriya Abdulsalam

Amriya Abdulsalam

CA Foundation

0

21

2K+