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Short forms

Financial Management

answered on 27-Jul-22 14:52

Can we use short forms in FM exam like EBIT, I, PBT, T, PAT, PD, EASESH, EPS, MPS, ESC, PSC and D(for Debentures), etc?

latest answer

Ok sir. Thank you.

Yug Bhattad

Yug Bhattad

CA Final

63K+

3

511

Effective demand

Economics

answered on 27-Jul-22 14:39

If the three components ( desire, willingness and ability to pay) is present then it is termed as demand So my doubt is i am having the above three components and once I bought that commodity can I say that it is effective demand? Kindly help

latest answer

Thank you

11104MELVINJOSE 12

11104MELVINJOSE 12

CA Inter

3K+

5

461

Black Scholes Model

AFM

answered on 27-Jul-22 13:10

Black Scholes Model is Whether Determined implied volatility or Option Price ??

latest answer

the real life option prices are determined by good old fashioned supply and demand , however , BSM gives us insight into the factors that are driving the option prices and they are called Greeks .. ???

shivaji hari

shivaji hari

CA Inter

3K+

3

631

Photo in SSP Portal

Others

answered on 03-Aug-22 08:30

Sir in yesterday's announcement they have mentioned that the photo's background should be in white color but the photo which I have uploaded earlier is in blue background. Is that okay or I have to change it sir?

latest answer

Okay, thank you!

Viveka R

Viveka R

CA Inter

3K+

37

5K+

Cash flow statements

Accountancy

answered on 27-Jul-22 13:39

I cant understand the adjustment

latest answer

Thanks sister

SAKTHI VIGNESH

SAKTHI VIGNESH

CA Inter

4K+

4

464

General

Direct Taxation

answered on 27-Jul-22 08:30

Why the term "Previous year" is defined in section 3 and why not defined in section 2 (34).........i.e. why reference is made in 2 (34)?

latest answer

Section 2 Contains all definitions and for convenience of users not to miss out, they have added previous year definition set in Sec 3 as reference

Girinath A

Girinath A

CA Inter

765

1

520

General

Corporate & Other Laws

answered on 27-Jul-22 09:44

Save as otherwise provided..................... what it means?

latest answer

It generally mean " EXCEPT to the extent the specific provision is made "

Girinath A

Girinath A

CA Inter

765

1

492

Salaries

Direct Taxation

answered on 27-Jul-22 08:25

What is the difference between business premises and office premises?

latest answer

Business Premises refers to place where most of the business activities are conducted, office premises is that where either books of accounts are kept or board meeting conducted

Rinuja TK

Rinuja TK

CA Inter

10K+

1

524

Equivalent units

Costing

answered on 27-Jul-22 14:37

Under weighted average method for finding equivalent units,why do we add cost of opening WIP in total cost incurred while in FIFO method,we don't

latest answer

In Fifo method,only the goods that are completed is taken into account.So,not adding the opening WIP cost.But in weighted average,we take goods irrespective of the time they are produced.So,add the cost of opening WIP also

Shankari C

Shankari C

CA Inter

12K+

3

520

CARO2020 Applicability

Auditing

answered on 27-Jul-22 10:32

What is the latest audited balance sheet for FY 2022-23.shall we consider 2022-23 year balance sheet if it gets audited or Shall we have to consider FY 2021-22 balance sheet??

latest answer

If you are referring to CARO report for FY 2022-23 , the financial statements must have not been audited yet for FY 2022-23 You will have to consider the FY 2021-22 financial statements if they are audited.

Naveen Kumar

Naveen Kumar

CA Final

3K+

3

586