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What if the correlation is negative value

AFM

answered on 26-Jun-25 13:51

Sir if the Correlation is Less than or equal to 20% - weakly efficient. Does that also include, if the correlation is negative value still the market is weakly efficient or A negative correlation(eg,-0.20, -0.35) in returns suggests reversal patterns and makes the market inefficient [Video Time Stamp: 00:02]

latest answer

Same explanation as positive correlation except for aign

Shinisha  Rose R

Shinisha Rose R

CA Final

5K+

5

175

Deemed Inter State Supply

Indirect Taxation

answered on 03-Jul-25 12:57

Sir is this not Deemed Inter State Supply as the Place of Recipient is located outside india and so IGST applicable ?

latest answer

Agree with you. But the answer I have solved is as per Suggested Answer given by ICAI for May 2018 exam.

Hemachandra D

Hemachandra D

CA Final

9K+

8

223

......

Accountancy

answered on 25-Jun-25 05:39

Sir ya language translate Urdu ma hosakhti ha or ya CA ki preparation ham 11 sa start karta ha ya 11 pass

latest answer

Regret no We teach in simple English as 99% of students appear for exams in English and job opportunities and interviews also have a strong emphasis over communication in English

Ghulamullah Talpur

Ghulamullah Talpur

CA Inter

0

1

201

Consolidation

Financial Reporting

answered on 26-Jun-25 16:45

Sir in this question it is a gain of 7.5 lakhs right

latest answer

The question is on separate financial statement. Sale proceeds - Proportionate cost.

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

1

158

Restraint of marriage

Corporate & Other Laws

answered on 25-Jun-25 10:23

As per the provision Agreement in restraint of marriage of any person other than minor is void But an agreement with minor is void ab initio which conflicts with the provision of restraint of marriage of minor

latest answer

With means - you are entering into a contract with the person. A minor cannot enter into a contract and hence void. of minor means - we / the parties, are restraining the marriage of the minor.

Gurukanta Singh

Gurukanta Singh

CA Foundation

19K+

3

195

Sec 12(8) of IGST

Indirect Taxation

answered on 30-Jun-25 14:31

Sir in the Igst act Sec 12(8), its mentioned its omitted (. Omitted by s. 161 of The Finance (No. 8) Act, 2023 (No. 08 of 2023) - Brought into force w.e.f. 01st October, 2023 vide Notification No. 28/2023-C.T., dated 31st July, 2023.) and in ICAI material its still mentioned is this omitted or still present ? [Video Time Stamp: 00:02]

latest answer

Only Proviso is omitted not the entire section.

Hemachandra D

Hemachandra D

CA Final

9K+

3

472

IND AS on Consolidation

Financial Reporting

answered on 14-Jul-25 15:28

Sir at the end of the video For accounting of Associate for first 6 months, we shd have considered first 6 months profit right 1.5L, but you consider post acquisition profit 1.49L after adjusting unrealised profit, and savings in depreciation I did not understand why,

latest answer

Yes you are right. Error in flow. However, the solution given by ICAI should be considered for exams which I have already discussed in the video. You can ignore the accounting for associate part for exams.

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

1

167

Clarification required with respect to Dividend computation (Ills 18 vs Ills 19)

AFM

answered on 24-Jun-25 17:02

In Illustration 18, Dividend = Spot × Yield Rate × 50% of Investment = 13,800 × 50% of investment x 4.8% = 331.20 In Illustration 19, Dividend = Spot × Yield Rate × t = 1,195 × 3% × (91/365) = 8.9379 Sir, could you please clarify when we should include the time factor “t” while computing dividends? [Video Time Stamp: 04:48]

latest answer

In Q 18 please read carefully - Q says 50% of stocks will pay dividdend so they will pay full dividend and not half dividend. hence we took 50% of investment x full div yield of 4.8% In Q 19 we did same thing but in as as we have been provided exact dates so we did 3% x 91/365 Depends on question whether you use days or month or year convention but whatever you do time has to definitely be accounted for

Seema Jain

Seema Jain

CA Final

3K+

1

196

Bid/ask

Others

answered on 24-Jun-25 13:20

Pls say whether im on the right track bid price is the maximum price the dealer may pay for a share and ask is the minimum price the dealer is ready to sell and is it true as a retailers cant buy or sell @ Bid/ask price so let's say RIL bid is 99.8 and ask is 100 If I place an order I can only buy it at 100?at ask price ? So that means im always buying shares from dealers not from other retailers?pls explain how it works And finally what's the role of market price here how is it different from bid/ask prices

latest answer

Thank you sir

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

4

174

Cost of PPE

Financial Reporting

answered on 23-Jun-25 21:12

It is mentioned that In addition, But why we are deducting the loan processing fees from the loan amount of 605000

latest answer

Financial liability is measured at Transaction price less transaction cost ( processing fees). You will understand it in Ind AS 109.

magesh mathiyazhagan

magesh mathiyazhagan

CA Final

22K+

1

165