Urgent Query

hey , all the chapters are important in CA exams.if u leave something for option then the same thing will haunt u in the exams. It is my experience

Important theory chapters: For Financial management: Basics, Capital budgeting, leverage, Sources of Finance, Capital structure & cost of capital , fund flow/cash flow

For Cost Accounting: Basics, Material, Labour , process, Marginal Costing, standard costing

You should also check previous year questions and see the weightage of theory against each chapter.

Variant means something a little different from others of the same type. For better tax compliance and tax administration, it is always desirable to have wider tax base. Tax base depends upon various factors, such as number of rate of tax, sectors and persons to be taxed, number of exemption, zero rate etc. It is desirable to keep rate of tax as low as possible with minimum range of tax and few exemption. On the basis of tax base, the VAT is classified into three variant types, namely