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Mock Test April 2023 MCQ Scenario 2

Corporate & Other Laws

answered on 18-Oct-23 14:31

Mock test April 2023 Raj, a director of Gem Ltd (Transferor Company) prepared a circular, addressed to all the members of ... question goes like this Question 5 what percentage, the offer would have been considered to be approved and what shall be the total number of dissenting shareholders. Here answer is 92.59% . I am not able to understand how 92.59% is arrived.

latest answer

1250/(1250+70+20+10)

swaminathan sundaram

swaminathan sundaram

CA Final

110

4

792

OPC

Corporate & Other Laws

answered on 10-Oct-23 12:23

Dear Team, can we construe OPC and Sole Proprietor Co as same, is if that OPC once incorporated as a Corporation will be understood as Sole Proprietor Co, is this understanding correct. Please advise.

latest answer

Thankyou Shrikant

Namrata Lall

Namrata Lall

CA Inter

0

4

327

Supply

Direct Taxation

answered on 10-Oct-23 12:24

I am not able to understand the ans.can anyone explain the ans?

latest answer

Tq

Ujwal Reddy

Ujwal Reddy

CA Inter

7K+

2

433

Partnership accounts

Accountancy

answered on 10-Oct-23 17:29

I don't understand this journal entry please explain me

latest answer

🙏🙏

Divinne Fiona

Divinne Fiona

CA Inter

9K+

4

600

Material costing

Costing

answered on 15-Oct-23 16:07

At ii and iii question.how does 150 units of normal consumption have came in solution avg lead time consumption?

latest answer

54000/360 days

Ujwal Reddy

Ujwal Reddy

CA Inter

7K+

2

505

Gst - Intro

Indirect Taxation

answered on 10-Oct-23 10:03

If A who lives in Chennai bought a laptop online from a seller of Mumbai, which state government will receive GST?

latest answer

Chennai Govt will collect SGST.

Kriti Iyer

Kriti Iyer

CA Inter

3K+

3

517

RTP May 22

Financial Management

answered on 22-Oct-23 11:08

In question 2 which is from cost of capital , for finding cost of retained earnings as po the market price is taken instead of the issue price. But in SM the same model question is there but issue price itself is taken for the calculation of cost of both equity and retained earnings. Pls explain

latest answer

In computation of Kre*

Fathimath Zuhara

Fathimath Zuhara

CA Inter

2K+

5

690

Fixed assets

Accountancy

answered on 09-Oct-23 17:42

Hello sir What is the treatment that can be made if a fixed asset is being maintained in the factory which is in unusable condition ie breakdown for more than 5 years

latest answer

Okay sir thank you

Valli Kotapati

Valli Kotapati

CA Final

5

3

401

Salaries - Exemption - Gratuity

Direct Taxation

answered on 09-Oct-23 16:06

Greetings, if the question is silent as to if Payment of Gratuity Act is applicable or not is there a general assumption or we can assume as per our wish and make a note. Kindly clarify. Thanks

latest answer

Thank you for clarifying sir.

Aswin Chandar

Aswin Chandar

CA Final

40K+

4

446

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

439