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amrita1

Profile picture of amrita1
Active 5 years ago
  • Topics: 1
  • Replies: 11
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Viewing 11 posts - 1 through 11 (of 11 total)
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  • December 5, 2016 at 7:53 pm #354275
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    @tayyabom said:
    don’t forget to PM me when result is announced, we’ll compare at that time also and see who got more lucky πŸ™‚

    thats a deal!

    December 5, 2016 at 6:46 pm #354254
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    @tayyabom said:
    Monthly reconciliation and finance director authorizing it was a strength.

    Cash was sent out to bankvery day morning that was a strength

    Sales were matched with receipts at the end of day, that’s strength

    all receipts and sales transactions are transferred to HO and a clerk matches them that’s a strength.

    Test of controls?

    Cash being sent to bank (observe)
    Monthly reconciliation being signed off by FD (get a copy of recon and inspect)
    Daily recon performed by clerk (again get a copy and inspect)

    mohammed seems like we wrote exact answers to each other πŸ™‚

    December 5, 2016 at 5:56 pm #354205
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    @tayyabom said:
    I did the same. If you passed, I pass πŸ™‚

    i did D also

    December 5, 2016 at 5:53 pm #354201
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    @kicek7 said:
    I also remembered, one tricky question asking for two sentences which are INCONSISTENT with the data provided. But i totally forgot what was the answers.

    i remember one answer i chose for this was that sales revenue had gone up whilst costs stayed the same as 2015 – i thought this was wrong as gross profit margin had dropped

    December 5, 2016 at 5:51 pm #354194
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    i chose d too that sales invoice should be matched with GDN and the line below that but can’t the wording – again was something to do with invoices and price list maybe?

    December 5, 2016 at 5:45 pm #354180
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    @tayyabom said:
    If you do something like this

    17m x 1.06 x 0.9 * 10 / 12

    You’ll get the required figure πŸ™‚

    yes thats what i did – sorry! i got confused when i read some else who posted their workings

    December 5, 2016 at 5:43 pm #354176
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    @tayyabom said:
    pay rise took effect from 01-Jan.

    yes so the pay rise of 6% should only be calculated for the 450 employees?

    December 5, 2016 at 5:40 pm #354168
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    hello,

    but the didn’t the pay rise come into effect after the redundancies?

    December 5, 2016 at 5:25 pm #354146
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    just realised i got the question regarding NED’s renumeration wrong. i put down motivation and performance

    damn! two marks gone

    December 5, 2016 at 5:24 pm #354143
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    thanks Muhammad, i gave a very general answer about planning etc and incorporated information given in question

    December 5, 2016 at 5:20 pm #354134
    59e9b80848f13db27fc21ac11473bda9f532d9c50b2ab31fe4d31c1ec4850d1f 80amrita1
    Participant
    • Topics: 1
    • Replies: 11
    • β˜†

    hello,

    why did you think they were not complying? i am worried about my answer now

    thanks

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Viewing 11 posts - 1 through 11 (of 11 total)

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