CA Inter Costing

Material Cost – CA Inter Costing Study Material Inventory Control Levels:Re-order Level (ROL): It is the level at which fresh order needs to beROI. = Max. Consumption × Max. Re-order PeriodOrMin. Stock Level – (Avg. Consumption × Average Re-order period!Safety Stock – Avg. lead time consumptionRe-order period is also known as Lead Time  Re-order Quantity/Economic […]

Introduction to Cost and Management Accounting Question 1.What is Cost Accounting? Enumerate its important objectives. [CA Inter May 2016, May 2010, May 2008, Nov. 2002, May 2001, 3 Marks]Answer:Cost Accounting is defined as “the process of accounting for cost which begins with the recording of income and expenditure or the bases on which they are […]

Cost and Management Accounting (CMA) question and answers MODULE 1 Chapter 1: Introduction to Cost and Management Accounting Chapter 2: Material Cost Chapter 3: Employee Cost and Direct Expenses Chapter 4: Overheads – Absorption Costing Method Chapter 5: Activity Based Costing Chapter 6: Cost Sheet Chapter 7: Cost Accounting Systems MODULE 2 Chapter 8: Unit […]

Auditing and Ethics Questions and Answers MODULE 1 Chapter 1: Nature, Objective and Scope of Audit Chapter 2: Audit Strategy, Audit Planning and Audit Programme Chapter 3: Risk Assessment and Internal Control Chapter 4: Audit Evidence Chapter 5: Audit of Items of Financial Statements MODULE 2 Chapter 6: Audit Documentation Chapter 7: Completion and Review […]

Financial Management and Strategic Management Question and Answers MODULE 1 Chapter 1: Scope and Objectives of Financial Management Chapter 2: Types of Financing Chapter 3: Financial Analysis and Planning – Ratio Analysis Chapter 4: Cost of Capital Chapter 5: Financing Decisions – Capital Structure Chapter 6: Financing Decisions – Leverages MODULE 2 Chapter 7: Investment […]

Taxation Question and Answers MODULE 1 SECTION I Chapter 1: Basic Concepts Chapter 2: Residence and Scope of Total Income SECTION II Chapter 3: Heads of Income Unit 1: Salaries Unit 2: Income from House Property Unit 3: Profits and Gains of Business or Profession Unit 4: Capital Gains Unit 5: Income from Other Sources […]

Corporate and Other Laws Questions and Answers Chapter 1: Preliminary Chapter 2: Incorporation of Company and Matters Incidental Thereto Chapter 3: Prospectus and Allotment of Securities Chapter 4: Share Capital and Debentures Chapter 5: Acceptance of Deposits by Companies Chapter 6: Registration of Charges MODULE 2 Chapter 7: Management & Administration Chapter 8: Declaration and […]

Advance Accounting Question and Answers   Chapter 1: Introduction to Accounting Standards Chapter 2: Framework for Preparation and Presentation of Financial Statements Chapter 3: Applicability of Accounting Standards Chapter 4: Presentation & Disclosures Based Accounting Standards Unit 1: Accounting Standard 1 Disclosure of Accounting Policies Unit 2: Accounting Standard 3 Cash Flow Statement Unit 3: […]