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Correct/incorrect
Auditing
answered on 08-Nov-23 09:14
Pls explain the answer 🙏🙏🙏🙏
latest answer
When you have questions like these, usually they are testing the concept behind the same. Questions are generalized. So its incorrect and you need to mention the exceptions in such cases.
Neha Baliga
CA Inter
★ 16K+
3
467
Working capital management
Financial Management
answered on 02-Nov-23 09:20
In RTP may 23 ques 9, *To compute Raw materials purchased , They have considered closing stock of RM 21-22 as the opening stock of RM 22-23. *but to compute Closing stock of Finished Goods (ie., in cost of production) of yr 22-23 .. they have not taken the closing WIP of 21-22 to be the opening WIP of 22-23.
latest answer
For RM purchased you need to know opening. - we need this data for computing payables and not for anything else - we are not using RM opening for any inventory related computation When FG closing stock is what is required for all calculations why will you consider WIP in computations at all - they have clearly said FG is x no of month of production - where is the question of even using WIP numbers in it
kowselyaa G
CA Final
★ 2K+
1
381
Salaries
Direct Taxation
answered on 06-Nov-23 13:48
What is difference between Transport allowance Conveyance allowance Traveling allowance
latest answer
When employee is let us say working in Hyd but he is transferred to Delhi.
Krishnan K
CA Inter
★ 5K+
3
456
Salaries
Direct Taxation
answered on 02-Nov-23 18:10
If Entertainment allowance not received. Then we cannot claim deduction under sec 16 (ii) as entertainment allowance deduction Right!
latest answer
Deduction for entertainment allowance is only for government employees under Section 16. It is allowed only when it is received
Krishnan K
CA Inter
★ 5K+
3
364
Appeals & Revision
Indirect Taxation
answered on 02-Nov-23 18:14
If appeal is raised by Department then who will pay Predeposit?
latest answer
Then no pre deposit
Surya Prakash
CA Final
★ 19K+
1
354
Central sales tax
Indirect Taxation
answered on 02-Nov-23 18:41
Hai friends Central sales tax is levyed by Central government and collected by state governments My question is in the Central sales tax money can use Central government or state government Please explain me
latest answer
Thanks sir
siddesh N
CA Inter
★ 4K+
2
339
AS 10
Accountancy
answered on 01-Nov-23 19:08
Can building inauguration expenses be capitalised on the building?
latest answer
No
Hushwanth N
CA Inter
★ 8K+
1
327
articleship
Exams
answered on 01-Nov-23 19:31
I'm currently preparing for cma inter will give exam in dec 2023. can i do my articleship in uae is that valid to pursue my final exam
latest answer
I think yes. Kindly go through the prospectus for more clarity
Shamsu Nisha
CMA Inter
★ 0
1
382
Capital structure theories
Financial Management
answered on 01-Nov-23 18:14
In the question, given that capitalization rate are 10%. Whether it is overall cost of capital or cost of equity in case of levered firm Qltd?
latest answer
Capitalisation rate is Ke., in the given question under both case ke is 10% they ve given.
Pravin Nesaraj
CA Inter
★ 32K+
3
381
CA INTER MAY 24 BOOKS
Others
answered on 01-Nov-23 20:21
Sir I will give my group 2 exams in November. I want to buy group 1 books for nov 24. Should I convert myself now to get the cds coupon?? Because if I wait for results it will waste 1 month approx... What ahould I do?
latest answer
Ok thank you
Alina Raza
CA Inter
★ 410
21
588