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Mock test

Financial Reporting

answered on 12-Aug-24 12:48

Hi sir i have purchased G1 Ca final will mock test module will be provided free for Nov 24 before exams in the enrolled course section, if have taken classes for Nov 25

latest answer

We will add.

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

1

243

Fied income

CFA

answered on 11-Aug-24 18:04

Match the following statements about par rate curves with corresponding statements about spot rate curves. 1. The par rate curve lies above the spot rate curve. A. The spot rate curve is upward sloping (i.e., normal), and spot rates are negative. 2. The par rate curve lies below the spot rate curve. B. The spot rate curve is upward sloping (i.e., normal), and spot rates are positive. 3. The par rate curve is equivalent to the spot rate curve. C. The spot rate curve is flat across all maturities. Answer for 1 is A (the spot rate curve should be downward sloping right?)

latest answer

Looks add Pls share screeenshot from cfa / Kaplan portal and also pls check errata

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

1

287

NAV

AFM

answered on 11-Aug-24 19:12

why in this answer , the opening NAV of Jan and Feb is same, as in question the income for jan is given.

latest answer

nav is not same. for purposes of computation of repurchase price it is clearly specified in teh question that that repurchase price is Jan Opening NAV +/- Div eq -Exit load

Sai Vema

Sai Vema

CA Final

108K+

1

181

Costing Compiler Q22 - MAY 2021 RTP

Costing

answered on 19-Aug-24 09:39

In the given question, while it is logical to take annual demand for raw material after deducting the stock of raw material as we are calculating order quantity. However while calculating Avg consumption should we not take the whole requirement of raw material for the production including those in opening stock? For Calculating max or min consumption, does the source of raw material (opening stock or purchased during the year) matter? Kindly explain. thanks

latest answer

While the answer is little illogical you need to be aware that at some place a different working was done by the icai

Aswin Chandar

Aswin Chandar

CA Final

40K+

3

280

AS 22

Accountancy

answered on 11-Aug-24 17:17

Can someone explain why is option (d) the answer? (Question 2)

latest answer

Incorrect.

Sagar Kathuria

Sagar Kathuria

CA Final

3K+

1

242

Audit in case of proprietary financial interest

Auditing

answered on 11-Aug-24 23:09

In SA 402, Audit consideration, the third point I.e, audit in case of proprietary financial interest, Could you please provide some examples to it?

latest answer

If an auditor owns shares in a company they are auditing, this creates a propriety interest. SA 402 focuses on the relationship between a client and a service organization, not on the auditor’s propriety interest. For such matters, ethical guidelines, SA 220 etc provides guidance. Not 402.

padala sai mallik

padala sai mallik

CA Final

7K+

1

253

Capital structure decisions

Financial Management

answered on 12-Aug-24 15:31

In board material illustration 10th there is 2alternatives here we can also calculate EBIT by using the formula overall cost of capital=EBIT/value of firm the the EBIT is 350only but by using value of equity=net income/cost of equity the answer is same350 but here tax component is there how can we solve this?

latest answer

Kk sir

G Poojitha Gandlapati

G Poojitha Gandlapati

CA Inter

55

3

305

Sir. Please explain g point u not explain

Indirect Taxation

answered on 14-Aug-24 18:11

Sir u not explain g point sir u not explain g poiy

latest answer

Can you elaborate on your query.

R G

R G

CA Inter

9K+

1

208

Amalgamation

Accountancy

answered on 11-Aug-24 17:19

Why have we taken Cash at bank while calculating purchase consideration ?

latest answer

For calculating net assets, we take cash.

Sagar Kathuria

Sagar Kathuria

CA Final

3K+

1

388

Regarding Signature in SSP portal

Others

answered on 12-Aug-24 09:26

Is it alright if we scan our signature using mobile phones and upload it

latest answer

Yes, But it should be less than 50kb

R M

R M

ACCA Professional

4K+

2

325