Mock Test Papers for CA Students - (13-10-2009) - Exams

CA Manasa (CA) (1479 Points)
Replied 15 October 2009

Thanks for Sharing

rahul (student) (95 Points)
Replied 15 October 2009

thnxxxxxxx

Kanak (CA Final) (106 Points)
Replied 15 October 2009

thanks!

bharat (article) (71 Points)
Replied 15 October 2009

THANKS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

&

HAPPY DIWALI

Deeps (Article Assisstant) (2485 Points)
Replied 15 October 2009

Thanks:))

But it says the file is damaged & could not be repaired

achyuthanand (Audit executive/ CA Final) (283 Points)
Replied 15 October 2009

hey frnds did ya noticed da questions in auditing.. they are still mentioning the old AAS no: ... what does it mean.. institute have already told us that frm november onwards it will be the new SA.... can anybody explain it???

Deepak (Student) (127 Points)
Replied 15 October 2009

Originally posted by :GuNmAsTeR-G9!
"	October 12, 2009 In order to enable the students to have practice in working out practical problems and also in answering theoretical questions on various subjects of CA examinations, the Board of Studies has planned to bring out a series of test papers relating to various examinations. Accordingly, the first series of test papers are being put on the website for being practised by the students. The students are free to send their answer for these questions for evaluation to the Director, BOS, A-94/4, Sector-58, Noida-201 301. The papers would be evaluated by the appropriate faculty members. The first series of test papers are for the following examinations: Professional Competence Course (PCC) – one series Integrated Professional Competence Course (IPCC) – one series Final (Old) – two series Final (New) – one series Subsequent series of test papers would be released gradually. (CA.R.Devarajan) Director, Board of Studies Source -> https://www.icai.org/post.html?post_id=5065&c_id=219	"

How Should I Verify the correctness of the answers.

If i would have to send the answers to Institute, is there any fees for this & how much time will it take for evaluation?

CA Sneha (C.A ) (450 Points)
Replied 15 October 2009

Thanks

Vivek Nathwani (Artical) (52 Points)
Replied 15 October 2009

Can any one help me to solve this...!!!

Question 3

(a) The present credit terms of Shasha Limited are 1/10 net 30. Its annual sales are Rs. 80 lakhs, its average collection period is 20 days. Its variable costs and average total costs to sales are 0.85 and 0.95 respectively and its cost of capital is 10 per cent. The proportion of sales on which customers currently take discount is 0.5. Shasha Limited is considering relaxing its discount terms to 2/10 net 30. Such relaxation is expected to increase sales by Rs. 5 lakhs, reduce the average collection period to 14 days and increase the proportion of discount sales to 0.8. What will be the effect of relaxing the discount policy on Shasha Limited’s profit? Take year as 360 days.

Vivek Nathwani (Artical) (52 Points)
Replied 15 October 2009

Question 4: (c)

The following data pertains to Aneja Limited: Rs.

Sales 20,00,000

Average invested capital (total assets) 50,00,000

Net income 12,50,000

Cost of capital 10%

You are required to calculate the return on investment.

Joshv (CA inter) (288 Points)
Replied 15 October 2009

why not for PE II students? It wil be helpful, if ICAI publishes MOCK test for PE II students also who are going to try their luck in the next two attempts as DO or DIE.