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NPO

Accountancy

answered on 20-Sep-21 10:54

What is accumulated funds? Example please? Thank you for the kind help.ð???ð???ð???

latest answer

An accumulated fund holds excess money received by a non-profit organization (NPO). Similar to the retained earnings of a for-profit firm, the accumulated fund grows when revenues are greater than expenses and there is a budgetary surplus.

Vijay K

Vijay K

CA Inter

9K+

1

498

Doubt

Auditing

answered on 20-Sep-21 08:40

What is the meaning of system roles to user last point ( refer below image)

latest answer

Assigning a specific role to a specific person. For example Mr. A can only access purchase data, Mr. B can have access only to Sales data etc..

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

1

754

CGAS

Direct Taxation

answered on 18-Sep-21 18:22

If any amt. in Capital Gains Account scheme is mis utilized, in the year of mis utilization, which amt. will be taxed? entire amt. or only the amt. of mis-utiization???

latest answer

Not sure regarding this... but one cannot misutilise amount from CGAS as you need to fill an application for withdrawal of amount and has to utilise the same within such no. of days for the specified purpose only

ALDRIN G

ALDRIN G

CA Inter

12K+

1

592

Governance and Reliability

Information Systems

answered on 18-Sep-21 12:48

Can you explain this term

latest answer

It means due to automation, process are managed and controlled in a better way with minimum human errors and thus they are more reliable

Paidala Harish

Paidala Harish

CA Final

2K+

1

601

Production Cost budget

Costing

answered on 18-Sep-21 12:55

Doubt on adjustment number (4) - How labour efficiency decreased by 20% leads to 3.75 hrs

latest answer

3/80% as 20% deficiency that means 3 hrs per unit is 80% efficiency

Naren

Naren

CA Inter

90K+

1

671

Net proceeds market price

Financial Management

answered on 19-Sep-21 11:46

It is clearly stated that issue price is to be given first preference. If it is not given, market price should be taken, In the illustration, net proceeds is given 103, then why we have taken market price 94

latest answer

Because cost is computed on the most relevant price - here it is the current market price

Aman Mahajan

Aman Mahajan

CA Final

19K+

5

610

MBA

Others

answered on 24-Feb-26 15:28

Is There any way To get Into Iim, s Just After passinG 12th? If it is Do we have To pay For admission?

latest answer

yes friend, you can join an IIM directly after 12th through the Integrated Programme in Management (IPM) conducted by some IIMs like Indian Institute of Management Indore, Indian Institute of Management Rohtak, and others. Yes, you have to pay fees after selection. Scholarships are also available. Preparing in advance through ExamNest can help you crack the entrance exam and join an IIM directly after 12th.

Vbiopm Lkj

Vbiopm Lkj

CA Foundation

430

4

685

Tds applicability

Costing

answered on 21-Sep-21 13:46

Sir payment for digital marketing services to a person is liable for tds deduction u/s 194J

latest answer

Yes

DEEP VICKY

DEEP VICKY

CA Final

685

1

638

Presumptive scheme

Direct Taxation

answered on 18-Sep-21 12:45

person earns income from digital marketing as freelancing in that case, can that person Opt 44ADA if yes is it specified professional service

latest answer

yes

DEEP VICKY

DEEP VICKY

CA Final

685

1

648

Didn't put my signature in answersheet

Exams

answered on 18-Sep-21 12:56

Good morning sir I have given my intermediate group 2 in July 2021 and waiting for the result. I forgets to put my signature in answer booklet. Whether my result will be withheld? Pls reply sir. Thanks in advance .

latest answer

Okay sir. Thank you

Sathya R

Sathya R

CA Final

4K+

2

759