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past exams question no 5 (December)
Accountancy
answered on 18-Dec-23 16:34
Can anyone give detail explanation for this question?
latest answer
For goodwill - calculate 3 Years Profit average Reduce 10% on capital Reduce remuneration. This is as per the method given in question.
Saketh Reddy Kotla
CA Foundation
★ 21K+
3
551
Ind AS 36
Financial Reporting
answered on 15-Dec-23 19:50
When goodwill is not included in CGU as it is not possible to allocate whether impairment loss of the CGU can be used to write off goodwill?
latest answer
Group of CGU with Goodwill.
shamanth rm
CA Final
★ 2K+
3
328
Theory of demand
Economics
answered on 16-Dec-23 05:14
Which of the following is the exception to the law of demand: (a) Speculative goods (b) Conspicuous necessities (c) Future expectation about prices (d) Income effect
latest answer
Thank you
Devi sri K
CA Foundation
★ 7K+
2
547
Bond Valuation
AFM
answered on 16-Dec-23 06:07
Illustration No.16 Duration of xltd-4.49 Duration of Yltd-4.63 Which bond should select? In the answer Bond y is preferred. Is it correct
latest answer
One with lower sensitivity to interest rates
REEJU M
CA Final
★ 150
3
333
Residential Dwelling
Indirect Taxation
answered on 18-Dec-23 07:40
Under residential dwelling , Does the law mean RCM applicable only if the Registered person is using the space for his Business activity? What if the person resides with his family but a registered businessman . Video Details Course: Indirect Taxes - GST (I) Module: Charge of GST Section: Summary - RCM Provisions
latest answer
If it is for personal use then no RCM
Cucuberry
CA Inter
★ 0
2
383
Explanation Section 17 of Indian Contract Act
Corporate & Other Laws
answered on 18-Dec-23 09:38
Karan agreed to purchase wooden table for his study room from Mr. X. Table was in good condition and was examined by Karan before purchasing. He found no defects in it and paid 20,000 for that table. Later on, it was found that one leg of table is broken, and Mr. X has pasted the wood and tried to hide the defects in the table. Can Karan return the table and claim the amount back? Discuss the same with reference to Indian Contract Act, 1872. In a hypothetical scenario where the buyer DID NOT examine the goods, will he able to rescind the contract? The fraud did not cause his consent right? Further, will he able to get any remedy as per Sale of Goods Act? (assuming he has not examined the goods)
latest answer
Ok, thank you ma'am!
Vishnu Muraleedharan
CA Final
★ 32K+
4
2K+
Result
Others
answered on 15-Dec-23 10:02
Hiii indigo Learn team and friends When the ca inter nov we exams results are expected can someone say...
latest answer
Okay sir 😀 it's my bad..
Balachandar S
CA Inter
★ 59K+
4
423
Exam
Accountancy
answered on 15-Dec-23 10:05
When will icai release model papers for new syllabus?
latest answer
Thank you
Sathya Moorthy
CA Inter
★ 340
4
410
conversion
Others
answered on 18-Dec-23 09:19
sir i have done cpt and registered for ca inter but after multiple attempts i have not passed in exams then i completed my graduation and converted into ca inter direct entry and joined my articleship(in march 2022) , i gave ca inter group1 exams in november 2023 and i applied for conversion into new scheme to order group2 books early, in the conversion application i have selected direct entry route option, i have sent marklist of degree as per their guidelines now they replied that i haven't get 55% in degree so select route as ca intermediate but earlier they have seen my degree marklist, they have approved direct entry conversion earlier, aproved my articleship too, what should i do now please help, my marks in degree are as per cgpa in 3 years i got 1st year 5.72 2nd yr 6.40 3rd yr 5.28 cgpa
latest answer
Send them the computation of %. They will approve.
Deepthi Gunda
CA Final
★ 220
4
382
Calculation of hedge ration
Financial Management
answered on 15-Dec-23 10:50
In the question attached hedge ratio is calculated without correlation coefficient value. I am not able to understand how it is calculated.
latest answer
Beta = corr x SD Stock / SD Market How is correlation relevant here Beta is sensitivity of a stock price to change in index This is a simplified kind of question in which hedge ratio is computed taking into account sensitivity of a stock If portfolio beta is 0.8 for a change of 10% in Index the portfolio value changes by 8% so for hedging a portfolio of 50 lacs we need to invest in index for value of 0.8 x 50 lacs = 40 lacs if index value if 6840 and each contract is 100 contracts then no of contracts req of sensex = 40 lacs / ( 6840 x 100) = 5.85 contracts
swaminathan sundaram
CA Final
★ 110
1
431