Doubts...........?

4. literally both r same.

But technically, for visible items dep. is used and for invisible (intangible) amortisation is used.

5. It completely depends on the valuationer, if he satisfies with u that for time saving u used such short cut he will surely award marks.

only those who are against to ca students and having intention to reduce marks will object those.

Originally posted by : Venkatesh Repala
	4. literally both r same. But technically, for visible items dep. is used and for invisible (intangible) amortisation is used. 5. It completely depends on the valuationer, if he satisfies with u that for time saving u used such short cut he will surely award marks. only those who are against to ca students and having intention to reduce marks will object those.

AGREE WITH HIM

1. If i cover from 11 to 20 April AUDIT subject ....nd dont revise it till 10 th of May...suppose audit paper falls due on 11 th of may....then would there be any probs with AUDIT and practical subject too ( same case like FM )...?

NO 

2.Which is the correct cash flow format of operating activities? :-

CFOA

N/P

+TAXATION

+PROV FOR D/D

-INCOME TAX PAID

              OR

NET PROFT BEFORE TAXATION

ADJUSTMENT FOR NON CASH AND NON OPERATING ACTIVITIES

ADD;_ DEC IN C.A AND INC IN C.L

CASH GENERATED FROM OPERATIONS

3.Interest on debentures is charged on closing balance of debentures....why? and why do we add it to operating activities

Interest on debentures being expenses incurred for Financing business but debited to P/L , so added to operating activity (as it is non operating expenditures) and it is subtracted i.e. reduced from financing activity (as cash expenditures incurred for financing activities).

Expenditure on construction work in progress ...why this is not added in operating act?

it is an expenditure incurred for constructuring capital assets, hence reduced from Investing activities. No operating activities involved there 1!

4.Amortisation means depreciation?

Amortisation of intangible assets  =  depreciation 

5.Do we have to write " Account " in all places or would it be ok if i write in xam justA/cs....bcoz my friend said if u dnt write full marks will be deducted....same probs with"b/d" and "brought down"?

101%  you can use these popular abbreviations