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Material cost
Costing
answered on 09-Aug-24 09:30
In the may 2019 RTP , given pdf , material cost question number 1 , in the solution while computation of reorder level , value of annual consumption of raw material is taken as 18200 kg i.e before subtracting opening stock . While ,in july 2021 RTP given pdf , material cost question number 1 , in the solution while computation of reorder level , value of annual consumption of raw material is taken as 70800 kg i.e. after subtracting opening stock. So , which is the correct method with reasons and what should be followed in exam ?
latest answer
If the question doesn't specify anything, use the total consumption before subtracting the opening stock, like in the May 2019 RTP.If the question specifies to exclude opening stock, then follow the July 2021 RTP method.Always follow the question's instructions, but if unclear, it's safer to use the total consumption before subtracting the opening stock.
Anirved Rahatgaonkar
CA Inter
★ 0
1
400
Applicability for Nov 24 Final exam
Exams
answered on 08-Aug-24 18:15
Sir, I passed CA intermediate in May 2024. I also completed my articleship training for 3 years in Jan 2024. Till today I didn't register for the CA Final Course but I'm going to register for the CA Final Course within August 15th 2024. Am I eligible for Nov 2024 CA final exam?
latest answer
You need to be registered before filing form. Pls cross check with icai once
Pavi S
CA Final
★ 280
1
394
Applicability for Nov 2024
Exams
answered on 09-Aug-24 09:38
Sir, I passed CA intermediate in May 2024.Till today I didn't register for the CA Final Course but I'm going to register for the CA Final Course within August 15th 2024. Am I eligible for Nov 2024 CA final exam?
latest answer
No, you have to undergo 2 years of articleship. After that you are eligible to write CA Final exams
Pavi S
CA Final
★ 280
1
332
In my laptop this new features of tally not showing
Others
answered on 19-Aug-24 16:54
In my laptop this new features of tally not showing
latest answer
pls update to latest version.
R G
CA Final
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1
299
Equity
CFA
answered on 08-Aug-24 21:39
Buying both call and put reduces the risk right?pls explain why option A is the ans I couldn't understand
latest answer
Great Sir 😊
Dhakshana Dhakshana
CFA L2
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6
303
SPOM Applicability
Exams
answered on 09-Aug-24 09:39
Sir, I completed CA (inter) Group 1 in May 2018 (IPC) and Group 2 in November 2022 (unit 10). I completed my 2.5 years of articles in July 2022. I registered for CA final on 27th jan 2023 and applied for Nov 2023 attempt but not appeared for exams till now. I plan to appear only in November 2024. Sets A and B are required for me to complete in order to take the November 2024 exam.
latest answer
Yes
PAVI S
CA Final
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1
451
AS22
Accountancy
answered on 11-Sep-24 20:34
How to solve this question Method ?
latest answer
Thanks a lot
Lucky Ten
CA Inter
★ 0
5
470
SA 705
Auditing
answered on 08-Aug-24 19:55
SA 705: "Modifications to the Opinion in the Independent Auditor’s Report" allows auditors to express a disclaimer of opinion on specific components of the financial statements (such as results of operations and cash flows) while issuing an unmodified opinion on other components (such as the financial position/balance sheet) if the disclaimer does not affect the overall financial statement. It is permissible in India
latest answer
Nope. We give only one opinion on overall financial statements.
kathiresh V
CA Final
★ 15K+
1
458
AS 22
Accountancy
answered on 13-Aug-24 11:46
How to solve 7 th question. Method?
latest answer
https://youtu.be/WMJWDyKp3X0?si=6a4M0eQGxOsmMU_e
Lucky Ten
CA Inter
★ 0
1
484
PGBP ILLUSTRATION # 09
Direct Taxation
answered on 14-Aug-24 18:09
Sir how can we consider capital expenditure incurred on building incurred prior to PY ON warehousing of edible oil rupees 500000 and warehousing of pulses rupees 200000
latest answer
Thank you Siddesh. Answer for your query is "expenditure incurred prior to commencement can be considered if it is capitalised on the dated of commencement"
siddesh N
CA Inter
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3
262