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Overheads

Costing

answered on 23-Feb-22 21:39

Sir actually in costing class you said that overheads recovery rate i mean predetermined rate always calculated on budgeted amounts...but in this illustration fourth bit ....they taken percentage on actual direct wages...i literally can't understand that bit...can anyone plss explain it

latest answer

Tq u sir

Priyanka R

Priyanka R

CA Final

20K+

7

908

Maths LR

Maths & Stats

answered on 28-Feb-22 09:06

can any one explain me what is the answer for 29 the Q with diagram also is possible means.....tq ...

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East

Balachandar S

Balachandar S

CA Inter

59K+

4

594

Fm

Financial Management

answered on 21-Feb-22 20:38

In December, 2017 AB Co.'s share was sold for Rs. 146 per share. A long term earnings growth rate of 7.5% is anticipated. AB Co. is expected to pay dividend of Rs. 3.36 per share. i) Determine rate of return an investor can expect to earn assuming that dividends are expected to grow along with earnings at 7.5% per year in perpetuity? ii) It is expected that AB Co. will earn about 10% on book Equity and shall retain 60% of earnings. In this case, whether, there would be any change in growth rate and cost of Equity? Analyse.

latest answer

this kind of q are explained in our course - pls solve and share your workings and ask specific a doubt on where or what you did not understand

Koppolu Ganesh

Koppolu Ganesh

CA Inter

625

1

528

Partnership

Accountancy

answered on 22-Feb-22 10:50

What is the difference between partner's capital AC and profit and loss appropriation ac? And when is it used? Respected faculties please help me clear my confusion. Thank you.

latest answer

Capital accounts yes. P&L appropriation is usually not required to be made at that time.

Chris Topher

Chris Topher

CA Foundation

5

4

558

Doubt

Corporate & Other Laws

answered on 21-Feb-22 22:03

Sir can u please explain what is exhaustive and inclusive in law

latest answer

Exhaustive definition is one which is complete in itself and includes everything. The meaning of the term defined is restricted to the meaning given in the definition. Basically it cannot include anything other than what has been specifically stated in the definition. Inclusive definition on the other hand is not restrictive in nature, it gives a general description or certain inclusions in the definition.

sai t

sai t

CA Foundation

2K+

3

953

Doubt

Corporate & Other Laws

answered on 21-Feb-22 18:16

what is difference share holders and Directors and ,who is the owner of the company share holder or Directors and who having more power in the company

latest answer

Share holders - who hold shares in the company. Directors - who run the company on behalf of other shareholders. Directors may or may not be shareholders - like we have some independen directors on the Board. It's not the matter of power as such. Certain things directors can take with Board resolution itself while for few shareholders approavl is also required. Overall, shareholders have the right to appoint, remove directors - so shareholders being owners are more powerful.

Chandramouli A

Chandramouli A

CA Inter

720

1

428

SA 701-Determining key audit matters

Auditing

answered on 21-Feb-22 16:04

Explain those 2 points with an example.

latest answer

Objective of SA 315 is to identify and asses risks of material misstatements. Out of total identified risk areas, few could be highly risky. Such higher risks of material misstatements shall be considered for determining Key audit matters under SA-701. For example auditor has identified 10 areas of risks of material misstatements, and 2 out of 10 are identified high risky then such 2 shall be considered for KAM. Similarly few items of financial statements are based on managements judgements or estimates. And auditor may identify few management judgments are having high estimation uncertainty, such identified areas should also be considered for determining KAM

Anusha narayana

Anusha narayana

CA Inter

2K+

1

608

Ca final declation

Exams

answered on 21-Feb-22 13:23

If my articleship completes in April. Still do I need to submit declation form for may exams?

latest answer

Thank you sir.

A Sivani

A Sivani

CA Final

11K+

2

664

Marksheet

Exams

answered on 21-Feb-22 14:43

Sir how i upload my 12th marksheet before may22 exam registeration.i upload many times but its not shown in my profile.

latest answer

Thank you

safreen fathima

safreen fathima

CA Foundation

3K+

4

628

Registration

Exams

answered on 21-Feb-22 12:15

I cleared ca foundation in July 21 and now going to appear for ca inter in May 22. Do I have to fill declaration form? If yes please mention which one out of the 4.

latest answer

You need not fill this.

vidhya ayyarappan

vidhya ayyarappan

CA Inter

5K+

1

705