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answered on 19-Nov-20 09:00

Sir can I opt out without any COVID reasons... Is any problem in next attempt or future.

latest answer

We would not suggest you do that. If you have COVID / family has covid or you reside in a containment zone, then do Optout; else either write exams or choose not to write exams and lose an attempt

seshu Kumar

seshu Kumar

CA Inter

61K+

1

829

Calling of EGM by Requisitionist

Corporate & Other Laws

answered on 19-Nov-20 10:49

When should board should convene EGM sir ? With in 45 days of deposit the requisition Sir here Deposit means. Date of sending requisition to company or date of receipt by company ?

latest answer

Receipt.

M Naresh

M Naresh

CA Final

3K+

1

624

K

Others

answered on 19-Nov-20 09:04

congratulations indigolearn for reaching 50k subscribers on youtube......answering forum questions with utmost patience is really amazing

latest answer

Thanks a lot . Appreciate your feedback

jsome jsome

jsome jsome

CA Inter

575

1

620

IT Risk - CBS vs Normal Business

Information Systems

answered on 19-Nov-20 13:28

The answer to this RTP question (Q9, please see attached) by ICAI is from Chapter 1's business risk. Should the answer be that of IT risk related to CBS from chapter 5?

latest answer

Oh okay. Understood.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

2

604

SA 210- Incorrect or Correct

Auditing

answered on 20-Nov-20 19:02

Doubt in the 3rd question under correct or incorrect. Please let me know if my answer may be considered appropriate or if correct or incorrect evaluation will be a hard and fast rule. Attached Question and Answer as per RTP Nov 19. My answer: Correct. SA 210 does not define the preconditions for an audit. It solely discusses the means by which it may be arrived at. Primarily, methods may be and include discussions with management as to reporting objectives, nature of engagement and framework. It may also be arrived at if there is any mandate as per statute/government order about the audit engagement.

latest answer

Thank you sir

Suraj Narayanan

Suraj Narayanan

Qualified CA

7K+

5

720

Pres-Sales Activities

Information Systems

answered on 19-Nov-20 13:30

Can please explain this sentence "Pre sales activities includes prospecting of customers, identifying prospective customers"

latest answer

Ok. So it is basically one in another. Got it.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

4

618

Why is it Application Layer instead of Presentation?

Information Systems

answered on 19-Nov-20 15:17

Please explain.

latest answer

Yes

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

3

592

Time value of money

Maths & Stats

answered on 19-Nov-20 09:25

Asun was put at simple interest at a certain rate for 2years had it been put at 3%higher rate it would have fetched rs.72 more . The sum is

latest answer

P x 2 x (R+3)% - (P x 2 X R%) = 72 P x 2 x 3% = 72 P = 36/3% P = 1200

bhavika vyas

bhavika vyas

CA Foundation

1K+

1

765

Doubt

Others

answered on 19-Nov-20 09:28

In question no. 1* you * is involved it is changed in indirect speech as we* the same you* is involved in question no. 3 we changed it to *me* why?

latest answer

They assumed in Q 1 that you refers to multiple people - you can also assume that you refers to once person only and accordingly re-write the sentence

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

1

603

Data Mining vs EDA

Information Systems

answered on 19-Nov-20 11:09

From Ch 2: EDA "aims to find patterns and relationships in data." From Ch 3: Data Mining " is the process of analysing data to find previously unknown trends, patterns and associations to make decisions." Are these two kind of similar?

latest answer

Data analysis is used for data mining.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

1

829