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Exam related doubts -MCQ
Exams
answered on 29-Apr-26 10:14
Hi sir, So we get the MCQ BOOKLET IN FIRST 15 MIN? i have initially planned to mcq in that first 15 min along with forst 15 min of 3 hours but had a doubt if they actually hand it out
latest answer
Yes we used to get the MCQ booklet within 15 minutes.
Harshitha Kalidindi
CA Final
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3
58
SET A SPOM Exam
Corporate & Other Laws
answered on 06-May-26 09:57
I had watched the set A video and I booked the exam in May whether I need to watch the video again or not?
latest answer
pls raise a helpdesk request with ICAI
JEEVA JOTHI
CA Final
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49
AS
Accountancy
answered on 30-Apr-26 09:50
what accouting policies company must follow is that upto the company or it iis governed by law? [Video Time Stamp: 06:10]
latest answer
Accounting policies are not fully up to the company they must comply with laws and standards like Companies Act 2013 and Indian Accounting Standards (Ind AS). Within that framework, management has limited discretion to choose policies (e.g., depreciation method), but they must be consistent, reasonable, and properly disclosed.
vidya Shah
CA Inter
★ 0
1
39
provision and contingent liability
Accountancy
answered on 04-May-26 11:37
difference between provision and liabilities. can u also give one exp of Cat 1 and 2 contingent liabilities [Video Time Stamp: 05:51]
latest answer
Also if the probability of obligation/payment is >50% - we record it in the books as a provision. If amount cannot be measured, it is a contingent liability. If probability is upto 50%, its a contingent liability.
vidya Shah
CA Inter
★ 0
2
34
capital vs revenue expenditute
Accountancy
answered on 30-Apr-26 09:55
in the exqmple given - legal fees incurred will it not be treated as a loss? [Video Time Stamp: 06:41]
latest answer
It is not a loss. It will shown as revenue expendiature in the P&L A/c
vidya Shah
CA Inter
★ 0
1
35
Call option
AFM
answered on 28-Apr-26 18:29
Sir, it is mentioned in the question that 'a call option has been entered into by Arnav for delivery of share of X Ltd. at Rs. 460', does it mean that he will be delivering share at maturity and can we interpret it as a sell call option. [Video Time Stamp: 05:00]
latest answer
It has to be read along with last like any break even If u sell a call u r not really bothered abt break even
SANJITHA
CA Final
★ 375
1
44
Minimum Loss
AFM
answered on 28-Apr-26 18:30
Sir, When market price is less than 950, he earns net pay-off of Rs. 942 (premium - 8). The minimum loss he can afford is 50, so he expects atleast Rs. 950. Should the net payoff also cover for the premium cost of Rs. 8 to hold his expectation? [Video Time Stamp: 06:07]
latest answer
Agree with u as it is logical. But icai chose not to compute net payoff but look at gross level
SANJITHA
CA Final
★ 375
1
33
Journal entry
Accountancy
answered on 30-Apr-26 09:57
If we give employee site expenses Mr A a/c dr To Bank a/c When he spend the money at site due entry Project expense dr To Mr A a/c But what if he took salary from advance what will be the entry?
latest answer
Salary in advance Salary Expense A/c Dr To Mr A A/c
Snehashis Mohanty
CA Inter
★ 35
1
44
Spom Set A exam
Exams
answered on 06-May-26 09:58
Hi , Could u pls clarify on latest amendment on set a exams I have watched all the lectures and exam is on 29th April If I didn't clear do I need to re-watch the lectures again to appear after may due to amendment kindly clarify
latest answer
Pls raise a helpdesk request to ICAI. Once you get a response, do reply here so that we can guide other students.
kalai vani
CA Final
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1
69
Option Price
AFM
answered on 28-Apr-26 14:13
Sir, Option price = PV of expected pay-offs of the option, does the pay-off here represents the pay-off for the buyer. So the price is based on how much the buyer is willing to pay for his return. [Video Time Stamp: 10:10]
latest answer
Ye Buyers Expected return itself is what he has to pay to seller for buying the option
SANJITHA
CA Final
★ 375
1
30