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cs course duration The CS course duration is generally considered to be 2.5 to 3 years, depending on when registration is completed and all exams are cleared on the first attempt. cs course duration after graduation The CS course duration after graduation is reduced as students can directly register for the Executive Programme, making the […]
CS Course DetailsThe CS course details are provided by the Institute of Company Secretaries of India (ICSI) to guide aspirants about eligibility, syllabus, and career scope. CS Course Details After 12thAfter 12th, CS course details are shared by ICSI, including registration process, exam levels, and training requirements. BSc CS Course DetailsBSc CS course details are explained […]
CA Inter Question PaperThe CA Inter question paper is prepared by ICAI and is designed to test conceptual clarity and problem-solving skills. It is uploaded on the ICAI portal after exams for students to download and practice. CA Inter Last 10 Years Question Papers with Solutions PDFThe last 10 years of CA Inter question papers with solutions are compiled and […]
Branch Accounting – CMA Inter Financial Accounting Question 1.Write short note on:Classification of Branches for Branch accounting purpose. (Dec 2012, 5 marks)Answer: .Branches are classified as two-way,(i) Inland Branch,(ii) Foreign Branch (i) Inland Branches:(a) Dependent Branches: Branches in respect of which the whole of the accounting records are kept at head office.(b) Independent Branches: As […]
Lease Accounting – CMA Inter Financial Accounting Question 1. Write short note:Operating Lease and Finance Lease (Dec 2017, 4 marks)Answer:Operating Lease and Finance LeaseA lease is an agreement whereby the lessor conveys to the lessee in return for a payment or sones of payments the right to use an asset for an agreed period of […]
Partnership Accounting – CMA Inter Financial Accounting Question 1.Write short note:Guaranteed Partnership. (June 2013, 5 marks)Answer:In a partnership, there may be special agreement by virtue of which partner may get the guarantee of earning a minimum amount of profit. The guarantee may be given by one partner in particular or by the firm. It is […]
Preparation of Financial Statements from Incomplete Records Question 1.Write short note on the following:Weaknesses of Single Entry System (June 2017, 5 marks)Answer:Weaknesses of single entry system: As principle of double entry is not followed, the trial balance cannot be prepared. As such, arithmetical accuracy cannot be guaranteed. Profit or loss can be found out only […]
Preparation of Financial Statements of Not-for-Profit Organisations Question 1.Write short note on the following:Features of Income and Expenditure Account (June 2019, 5 marks)Answer:Features of Income and Expenditure Account: It follows Nominal Account. All expenses of revenue nature for the particular period are debited to this Account on accrual basis. Similarly, all revenue incomes related to […]
Preparation of Financial Statements of Commercial Organisations Question 1.Write short note on the following:Provision for Discount on Debtors (June 2019, 5 marks)Answer:Provision for Discount on Debtors:We know that cash discount is allowed by the suppliers to customers for prompt settlement of cash. Naturally a provision is created for this purpose. Thus, the provision which […]
Bills of Exchange CMA Inter Financial Accounting Question 1.Write short flotes on the following:(a) Accommodation Bill (June 2016, 5 marks)(c) Rebate on Bills Discounted (June 2016, 5 marks)Answer:(a) Accommodation Bill: An Accommodation Bill is a bill of exchange signed by-a party as drawer, drawee, endorser to accommodate another party whose credit is not strong enough […]