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2021 July paper tips
Auditing
answered on 06-Jul-21 15:47
Plz share important topic and questions for this attempt old course
latest answer
Have a look on topic wise distribution of Examination questions which is given in practice manual. Concentrate on Standards on Auditing, Company Audit, special audits. Other remaining topics are also equally important.
RAJKUMAR SONI
CA Inter
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2
650
ALL THE BEST FRIENDS
Exams
asked on 06-Jul-21 09:54
Those who are writing exams today
latest answer
No answers yet!!
Sairam Reddy
CA Final
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0
613
BCG MATRIX
Strategic Management
answered on 07-Jul-21 13:00
what is the answer of this question
latest answer
Stars: The business units or products that have the best market share and generate the most cash are considered stars. ... Stars can eventually become cash cows if they sustain their success until a time when a high growth market slows down.
Kriti Agarwal
CA Inter
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699
Which option is correct?
Economics
answered on 29-Jul-21 10:48
How to select option
latest answer
Option d correct
MATURU HAMSA GAYATRI
CA Final
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3
602
AS 11
Accountancy
answered on 06-Jul-21 09:58
What is a non speculation contract and speculative contract ?
latest answer
Speculative transaction means a transaction in which purchase and sale happens and settled otherwise than by actual delivery.
kowselyaa G
CA Final
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563
PROFIT OR LOSS PRE AND POST INCORPORATION
Accountancy
answered on 06-Jul-21 10:25
In chapter 5..... Illustration 7 (pno.5.23) of ICAI study material "G.P. ratio was constant throughout the year" What does the above statement mean
latest answer
Then something more would have been given in question. Actual Sales figure would have been given then. We would first find sales for pre and post period and then apply respective Gross profit percentages to calculate GP for pre and post. Now, since it was constant, we simply distribute GP into pre and post period based on sales ratio.
James Js
CA Inter
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3
881
What is difference between private cost and social cost please explain with example
Economics
answered on 07-Jul-21 09:02
.
latest answer
Private cost include the cost that the business pays. For Example: Salaries, purchases etc. Social cost means the cost to the society due to our business. For Example: Air pollution
Enuguru Sai Nithin
CA Final
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1
1K+
AS 11
Accountancy
answered on 05-Jul-21 21:01
Can anybody tell me what is the difference between forward rate and Exchange rate (spot rate ) ?
latest answer
Forward rate means rate agreed at the time of contract with contracter or bank inforward contract Exchange rate means present value of foreign currency with Indian rupee
M Naresh
CA Final
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1
552
Partnership
Accountancy
answered on 07-Jul-21 12:16
Sir in this question in solution they have not considered reserves to calculate ratio for insolvency loss distribution Please explain
latest answer
The loss on account of insolvency should be borne by the solvent partners in the ratio of their capital standing in the balance sheet on the date of dissolution. If capitals are fixed, no adjustments are required. If it is fluctuating, make adjustments of reserves, drawings etc. In the given question, it is assumed that the capital account is fixed. You can specify a note that it is fluctuating capital make adjustments to calculate the ratio.
Priyanka Udeshi
CFA L1
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7
778
Incomplete records
Accountancy
answered on 05-Jul-21 19:38
Sir in this question how they apportioned cash and bank balances?
latest answer
Haa ok sir thank u so much
Likhitha Sivani
CA Final
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760