Consultant C.A C.S
411 Points
Joined August 2010
Nice article...
Highly useful.
"Why" mentioned in Amit post is not only applicable in Costing, FM or SFM it is applicable for Law and other subjects also.
Take for example in Bonus act ;
Minimum Bonus is 8.33% of Annual salary and Maximum bonus is 20%.
What is the logic behind fixation of these two magic numbers especially 8.33%.
It is one month salary i.e if annual salary is 100 then one month salary would be 100/12 i.e 8.33
and as regards maximum it is 2.5 months salary.
So not only reading for hours together matters understanding the subjects with practical approach ie "why" approach helps u in long run to prosper i.e not only in exams but also in professional career.
I wish best of luck for all the aspirants attempting ensuing professional exams and best of luck in their professional careers.
With best wishes,