banner_ad

solutions of financial reporting & sfm

This query is : Resolved 
Profile Image

Guest

Profile Image

Guest (Querist)
20 May 2011 hi everybody
I HAVE NOTIFIED THAT THE ANSWERS GIVEN BY DIFFERENT AUTHORS AND ANSWERS GIVEN BY INSTITUTE VARY PARTICULARLY IN CASE OF CONSOLIDATION AND AMALGAMATION
MOREOVER SAME THING I HAVE FOUND IN CASE SFM SOLUTIONS
CAN ANYONE GUIDE ME THAT SOLUTIONS OF GIVEN BY DIFFERENT AUTHORS AND ANSWERS GIVEN BY INSTITUTE ARE BOTH CORRECT
Profile Image

Pankaj

Profile Image

Pankaj (Expert)
20 May 2011
Sadly, the situation is like this.

Mute point is that if not all information is given elaborately in question, there is scope for assumption and thereafter the author solves such problem by assuming something and he is correct for such way.

For example, it is given that a machine was purchased during 2010-11. Depreciation rate is 10%.

Now, some will assume that it was purchased on 01/04/2010, some will assume that it was purchased on 01/10/2010. WDV will change with the assumption.


Try to look whose assumption was most reasonable and solve problem in that way after giving a note on the assumptions taken.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details