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Whether correct answer is d or e?

Economics

answered on 30-Jun-21 08:06

Capitalist economy uses......... to solve economic problem(D)impersonal forces of market demand and supply.(E)price mechanism.(F)external reports(G)economic theories

latest answer

E happens because of D and not the otherway around

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

3

579

Auditor

Corporate & Other Laws

answered on 29-Jun-21 18:09

An individual is eligible to be an auditor if he is a CA , as per section 141(1). Where is the condition relating to certificate of practice mentioned?

latest answer

The word "chartered Accountant" is defined in section 2(17) which says that chartered accountant is the one who holds valid certificate of practice under the chartered accountants Act. In section 141 and throughout the Companies Act wherever the word chartered accountant is used we will understand it as practicing chartered accountant.

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

531

Auditor

Corporate & Other Laws

answered on 03-Jul-21 18:05

Why canâ??t a company be an auditor of another company?

latest answer

issues of reputation, limited liability, individual responsibility - same reason lawyers are not allowed to form companies for representing cases

Aman Mahajan

Aman Mahajan

CA Final

19K+

3

661

Declaration and payment of dividend

Corporate & Other Laws

answered on 29-Jun-21 18:54

Sir in this question Even though he was not invested why we are taking 100 Rs. As investment

latest answer

Dividend is on face value of shares and not on paid up value

M Naresh

M Naresh

CA Final

3K+

1

511

Declaration and payment of dividend

Corporate & Other Laws

answered on 29-Jun-21 17:54

Sir in this question Even though he was not invested why we are taking 100 Rs. As investment

latest answer

Unless there is a provision in the article of association to pay the dividend in proportion to paid up capital, generally the dividend is paid on the full nominal value of the share. ( Section 51) Accordingly here 10% dividend is calculated on the full nominal value for 5000 shares even though the paid up value is less. Reason being there is nothing stated about it in the article of association.

M Naresh

M Naresh

CA Final

3K+

1

497

Insurance claims

Accountancy

answered on 29-Jun-21 19:27

In problem no.8 y they calculate upaward trend 15% only for thr last year sales in adjusted annual turnover

latest answer

Ok ji thank you so much

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

8

537

Mcq

Corporate & Other Laws

answered on 29-Jun-21 19:07

Explanation needed

latest answer

Proxies are not considered for quorum, but authorised representative is. So we have 13 members + Mr. A + Mr. A as authorised rep of ABC Ltd. = 15 i.e. quorum is present

Sathiya Bama

Sathiya Bama

CA Final

24K+

6

650

Amalgamation question

Accountancy

answered on 29-Jun-21 15:11

In this question out of 5,30,000 1,10,000 preference issued at premium 10%... They saying equity shares of vayu ltd issued at 5% premium.... 400000 is the shares and 20000 is the premium.... How cum 400000& 20000 shares

latest answer

20000 is premium not shares...

Triveni Patil

Triveni Patil

CA Inter

290

1

496

Basics

Indirect Taxation

answered on 29-Jun-21 15:12

any how central excise duty is subsumed into GST..... Then why for Tobacco and Tobacco products both central excise duty and GST are levied?

latest answer

For tobacco , petrol it is not - for all others it is

Girinath A

Girinath A

CA Inter

765

1

502

EXEMPTIONS FROM GST

Indirect Taxation

answered on 29-Jun-21 15:13

FOR HOW MANY MARKS DOES GST EXEMPTIONS CHAPTER COMES IN EXAMS?

latest answer

https://resource.cdn.icai.org/57148bos46296.pdf

Pooja .

Pooja .

CA Final

210

1

657