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OM-SM π₯ REVISION MARATHON β SUPER 50 IMPORTANT Questions Solving π For CMA Intermediate Dec'24 Exams π― Will Be Streaming Live π΄ on CA CS Divya Agarwal Mam (AIR 3) YT CHANNEL π± Must Attend This Ultimate Revision Session π₯ By ONE & ONLY π Divya Agarwal Mam πͺ & Revise Full Syllabus in One Go π
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Forwarded from Divya Agarwal Mam (AIR 3)
FOUNDATION LEVEL QUIZ
A minor enters into a contract to supply goods to a trader. The trader pays an advance of βΉ5,000, which the minor uses to purchase non-essential items. Can the trader recover the money?
A minor enters into a contract to supply goods to a trader. The trader pays an advance of βΉ5,000, which the minor uses to purchase non-essential items. Can the trader recover the money?
Anonymous Quiz
12%
A. Yes, as the minor must refund the amount
75%
B. No, as contracts with minors are void
10%
C. Yes, only if the minor has misrepresented his age
3%
D. No, as the advance has already been spent
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Forwarded from Divya Agarwal Mam (AIR 3)
INTER LEVEL QUIZ
While auditing a company, the auditor discovers that material entries in the financial records have been backdated. What should the auditor do first?
While auditing a company, the auditor discovers that material entries in the financial records have been backdated. What should the auditor do first?
Anonymous Quiz
41%
A. Notify the audit committee and seek clarification
24%
B. Issue an adverse opinion in the audit report.
19%
C. Perform additional procedures to determine the impact
15%
D. Report the matter to regulatory authorities immediately
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Forwarded from Divya Agarwal Mam (AIR 3)
FINAL LEVEL QUIZ
XYZ Ltd. declares a dividend but fails to transfer the required percentage of profits to reserves. What is the consequence?
XYZ Ltd. declares a dividend but fails to transfer the required percentage of profits to reserves. What is the consequence?
Anonymous Quiz
14%
A. The declaration is void
44%
B. The company must rectify the error within 6 months
27%
C. The directors are personally liable
15%
D. No consequence if shareholders approve it.
π2
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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CMA INTER - Strategic Management Complete Revision Marathon By One & Only
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CMA INTER - Operations Management Complete Revision Marathon By One & Only
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CMA FINAL - SPM & BV Complete Revision Marathon π₯ That's a Must-see On YouTube βΆοΈ By One & Only π CA CS Divya Agarwal Mam π―
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