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Ind As 113
Financial Reporting
answered on 29-Apr-24 19:14
what is the difference between quoted prices of identical assets in active market (level1 ) and quoted prices of similar assts (level 2 ) . Identical and similar are terms one and the same know ?
latest answer
identical - 2BHK flat in the same building. Similar 2BHK flat in nearby society Identical - Share price of a company Similar - Deriving share price of Infosys using price of TCS.
M Naresh
CA Final
★ 3K+
1
331
Doubt in Illustration 37
AFM
answered on 28-Apr-24 07:54
If forward premia is greater than the interest rate difference, then we will borrow in domestic currency but in this case we borrow in foreign currency.Will that logic not be applicable to all cases?
latest answer
In this case u r an exporter Exporter receives usd If fwd premium Is more than int rate differential then it is advisable to convert currency using forward rates. However comparison of int rate differential is not just plain borrowing rates but between the rate u borrow and u r able to deposit in other country. Kindly compute int rate differential between borrowing in currency 1 and depositing in currency 2 and compare that with forward premi % and u will get right answer.
Sathya k
CA Final
★ 9K+
2
218
EXAM RELATED
Others
answered on 28-Apr-24 07:19
What shd be the order of writing, shd we write all parts of the ans like 1a,1b,1c,1d and then move to mext questions or we can mix 4a, 1b, 2c like this
latest answer
Ok Sir,
R Yashwanth Kumar
CA Final
★ 87K+
2
342
Working capital management
Financial Management
answered on 28-Apr-24 04:55
Explain net working capital with Examples
latest answer
Please follow the videos sessions for clear understanding
Navya 2805
CMA Inter
★ 2K+
1
250
doubt regarding concept of competencies
Strategic Management
answered on 09-May-24 15:24
sir, In the previous video competencies have been defined to be a combination of skill and technniques,but,according to the explanation given in this video, an organisation turns its capabilities into competencies, and then competncies into core competency(capabilities-->competecies-->core competencies)which means that an individual capability has to be identified first and then the oraganisation has to see if it meets the criteria for it to be called a competency,right???so if and invidual capability passes the criteria test i.e{V.I.R.O.N test} as mentioned in this video how can it be called a competency?wont that be contradictory to the defenition of competency???it is clearly stated in the study material that for something to be called a competency, it has to be mic atleast 5 resources!
latest answer
Firstly mangement as a subject - there is no hard and fast rule. Also what you mentioned at end. - It is not five resources but five criteria. Capabilities refer to the overall capacity or potential of an individual, team, or organization to perform certain tasks, achieve goals, or deliver results. Competency refers to the skills and abilities needed for individual performance. Core competency is a concept from strategic management developed by C.K. Prahalad and Gary Hamel in the 1990s. - It refers to a unique set of capabilities, knowledge, skills, technologies, or resources that a company or organization possesses and that provide it with a competitive advantage in the marketplace. An organisation has to turn its capabilities into competencies/core competencies. From exam point of view core competency is what will be tested.
aravind lalji
CA Inter
★ 0
1
749
Ind AS 33
Financial Reporting
answered on 30-Apr-24 17:12
Let me clear, in illustration no. 14 in icai sm it is mentioned that int @ 6% is already been adjusted. That means they deducted 120000 or 27338? If it is 120000(as they mentioned 6%) then why we didn't correct it in 1 million
latest answer
That is while arriving at NP.
Anu T
CA Final
★ 0
1
310
Agriculture income
Direct Taxation
answered on 02-May-24 11:44
What is the answer if only manufacture?
latest answer
If it is only manufacturing tea then it is not agricultural income.
sradha krishna sunil
CA Final
★ 5K+
2
393
Doubt
Financial Management
answered on 28-Apr-24 13:13
Sir, In the question a point is given like this *Inflation is expected to be 6% per year Why this point is ignored and not taken into consideration
latest answer
This question is concerned with treatment of adjusting inflation with discount rate which belongs to the chapter “Risk Adjusted Capital Budgeting” which is currently not a part of the syllabus. So Please ignore
Narasimha GL
CA Final
★ 2K+
3
375
Demand decreases and supply increases
Economics
answered on 11-Jun-24 14:17
Why E1 point is not the intersection of d1 and s1 in the video
latest answer
The correction has done.
Bharavi Kothari
CA Foundation
★ 20K+
7
256
why we take Market value for calculating weights of each share, instead of face value ?
AFM
answered on 27-Apr-24 16:05
Dear sir, for all the remaining problems you have considered the face value of the shares to compute the weights of each share. but in this question you have considered the Market value to compute weights of the each share. please explain this
latest answer
Where did I use Book Value - which illustration please?
B. Dinesh
CA Final
★ 3K+
1
404