Mohit Agarwal - Divya Agarwal MEPL Students Community pinned «Mother's Love 💞 #motivation #cacsdivyaagarwal Don't Miss Out ❌ https://youtube.com/shorts/YJwosTz_rQ8?feature=share»
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FOUNDATION LEVEL QUIZ
A contracts to deliver 50 bags of rice to B on a specified date. A fails to deliver, and rice prices increase drastically. What is B entitled to claim?
A contracts to deliver 50 bags of rice to B on a specified date. A fails to deliver, and rice prices increase drastically. What is B entitled to claim?
Anonymous Quiz
23%
A. Actual loss incurred
40%
B. Market price difference on the date of breach.
26%
C. Full compensation as decided by A.
11%
D. Punitive damages for non-delivery
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Forwarded from Mohit Agarwal
INTER LEVEL QUIZ
The auditor discovers that management has materially misstated certain figures intentionally. What opinion should the auditor issue if management refuses correction?
The auditor discovers that management has materially misstated certain figures intentionally. What opinion should the auditor issue if management refuses correction?
Anonymous Quiz
23%
A. Disclaimer of Opinion
25%
B. Qualified Opinion
41%
C. Adverse Opinion
12%
D. Unmodified Opinion with Emphasis of Matter
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Forwarded from Mohit Agarwal
FINAL LEVEL QUIZ
ABC Ltd. declares a dividend but fails to pay it within 30 days. What is the maximum penalty for the directors?
ABC Ltd. declares a dividend but fails to pay it within 30 days. What is the maximum penalty for the directors?
Anonymous Quiz
19%
A. ₹25,000
42%
B. ₹50,000 or imprisonment for 2 years
29%
C. ₹1,00,000 or imprisonment for 6 months
10%
D. ₹5,00,000 or imprisonment for 7 years
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