what is the salary limit for calculate bonus to employee? or what is the ceiling on salary or wage for calculate bonus?

Can tell distinguish between IDR & GDR .

Can tell distinguish between Issue and offer for sale.

Can any one tell me the difference between QIP (Qualified Institutional Placement) and Preferential Allotment under SEBI Guidelines as far as raising of fund in a Listed Company is concerned?

iv) A draws a cheque in favour of Y or order ‘sans recourse’.

Hi

We are having trainees in our co, who come for 3 to 4 months & we pay 5000-6000 to them pm. is ESI appliable for these trainees ? presently co is applying ESI to them

Pl revert at earliest
thanks

Auditing :
6. State with reasons whether the following statements are True/False (any six)
i) Auditing, in India can be traced back to the days of Vedas .
ii) The concept of evidence is fundamental to auditing.
iii) Test check approach and random sampling approach are same
iv) By obtaining inventory valuation certificate from management, the auditor is
no longer responsible for verifying Closing Stock.
v) Indirect expenditure relating to construction of a project should not be capitalized.
vi) National Advisory committee on Accounting Standards may be constituted by
Central Government u/s 210A.
vii) An Auditor is always appointed by passing a special resolution to this effect.
viii) When separate Branch Auditors are appointed, the company auditor may not
visit the branches.

A stipulation may be a condition though called warranty in the contract

Delivery of goods under Bailment may be actual or constructive

respected members

how to attempt practical problems in examination?
IS it compulsary to quote section nos in examinations?