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Corporate & Other Laws

answered on 24-Nov-20 11:08

On one hand we say that limited liability partnership agreement is mandatory as per section 23,,,,,,then why we say incase of absence of agreement rules followed acoording to schedule 1...

latest answer

Ok thank you

Amisha Mahajan

Amisha Mahajan

CA Foundation

2K+

2

657

Doubt

Economics

answered on 26-Nov-20 23:32

What is meant by "imperfect substitutablity of one factor for another"

latest answer

Firstly what is substitute goods? Substitute goods are the goods which does same of work in absence of one another. For example pure coconut oil of different brands. Here if one brand increases its price without any additional feature it is likely that its demand will fall drastically. Here marginal rate of substitution is constant Now in case of imperfect substitutes for one another, the goods can be used interchangibly but they have different features i.e. they don't have exactly same features. For example, cooler and AC they can be used in absence of one another but here they have different features and hence Marginal Rate of substitution is variable with change in quantity.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

4

642

Enlightened matketing

Strategic Management

answered on 23-Nov-20 16:51

Example

latest answer

A company which is producing oil advertising how it is also trying to go green to contribute to the environment.

Sajan Gangadharan

Sajan Gangadharan

CA Final

9K+

1

667

In case of both Simple Random and Stratified Random....

Auditing

answered on 23-Nov-20 16:44

1) All items have equal chances of selection 2) May involve use of random number table, or help of computer, or picking up number in a random way Am I correct?

latest answer

Stratified needs stratification of data first.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

1

688

Loss of stock

Accountancy

answered on 23-Nov-20 16:53

Should i credit drawn goods by partners at cost or sales value in trading a/c

latest answer

Thank u sir

Hemanth Vadagam

Hemanth Vadagam

CA Inter

0

2

688

Error2018

Auditing

answered on 23-Nov-20 12:36

Error 2018 please solve asap

latest answer

Restart the app & your mobile - if that does not work, Please try the below troubleshooting steps, it usually works. Also, note that the downloaded videos if any will get deleted in the process. 1. Uninstall the app 2. Restart phone (Important step, clears a lot of issues) 3. Install app Also, check if there are any OS updates available. Let us know the outcome and we will guide further.

Rakesh Prabhu

Rakesh Prabhu

CA Final

2K+

1

569

Audit and auditors

Corporate & Other Laws

answered on 23-Nov-20 12:57

Pl clarify this...a person who is the relative of employee of the company, can become auditor?

latest answer

Yes. only employee/person employed under him and his business partner can't become

Ganesh kumar

Ganesh kumar

CA Inter

130

1

628

Jan 2021 exams

Others

answered on 23-Nov-20 11:36

Will there be an Extension of course for Jan 2021 exams ??

latest answer

Yes. Extension option will be visible in your my courses section of the app in a few days. you can auto extend on your own

susheel kumar

susheel kumar

CA Inter

2K+

1

667

What does this line mean?

Auditing

answered on 23-Nov-20 16:45

"Analytical procedures are used to obtain reliable audit evidence using substantive analytical procedures" Theres Analytical procedures twice in this line taken from page 8.3

latest answer

Looks like an error.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

2

715

Writing answer horizontal

Others

answered on 29-Nov-20 13:12

Can i write answers on exams horizontally

latest answer

Infact, I think Partnership (with more than 2 partners and Piecemeal sums) and some portions of AS 19 calculations are the only chapters which requires writing this way.

Krishna V

Krishna V

CA Inter

7K+

7

1K+