[rcc002]

Qualified opinion due to limitation in relation to lack of evidence.
What’s about 2nd opinion is it adjusting event?

[rcc002]

Thankiou so much sir and opentution.

I got it answer from mcq,s solution provide in lectures on past paper by opentution.

Opentution is rock.

[rcc002]

I have also follow your lectures in preparation but now due to exam ahead it is not possible to review each lecture again.
Now i m preparing my exam from your notes and past papers lectures along with little guidance from kaplan book.

I extremely thankfull for you,on providing solution of my all quires whatever they r in form.

May ALLAH bless you beyond your expectations.

[rcc002]

Sorry to say,In opentution mcq quiz question is silent and in review they use avg investment

[rcc002]

Kaplan wording
All payment occur at start or end of the year

[rcc002]

But sir g I read in npv assumptions that payment received in start of year mean in year in which it suppose to be occur
For I.e payment received in start of 1/st year mean in year one

[rcc002]

DO we use euity head in b/sheet as a net assets because i observe in valuation questions

[rcc002]

Thanks g

[rcc002]

Dear,plz go through f9 opentution notes to understand incremental effect of working capital.

[rcc002]

I m going to buy Kaplan kit,Is it proved effective especially for mcqs

[rcc002]

Thanks

[rcc002]

yup you are right i got about 175000 plus of cost extra so factoring is not viable

[rcc002]

@vipulv said:
Did anyone have M n M for one the MCQ answers? Something about Dividend and financing policy.?

Yes i got 1 MCQs answer M n M
The dividend irrelevancy theory related

[rcc002]

If suppose some one got 40 marks in MCQ part and only 15 in the remaining paper what would be his result>>>>>/??????

[rcc002]

Do tell me if any one know about this issue i am about to ask

Suppose if someone got 35 marks in MCQs and only 20 marks of all the remaining paper a total of 55,he will get through or not,
with pass status or failed status because i came to know that to pass atleast 50% should be gained in all questions….

[rcc002]

Yes once you had attempted all papers of F level either passed or not you can proceed to P level and later on come back to F level if any paper got failed and not attempted after that ,,,,,,

[rcc002]

Accountaholic
I think no treatment for interest Part Because interest is no relevant and also interest is incorporated into calculations through W.a.c.c which was 12%.
So i just do nothing with interest redraft statement and remove interest thats all
I got something like 4375 type NPV i think not sure

[rcc002]

Yeah i do
Because Brenda is doing all things HAHHAHAHA

[rcc002]

Best of Luck to all friends

[rcc002]

Yeah I Also Do About 95%.
But Not skiped any Question Unanswered Atleast Attempted all But
but not answered fully to last question

[rcc002]

Yes Emphasis of Matter is not an Element,I think elements are those which all the Reports must have But Emphasis is Something Appeared when to modify Audit report or some Disclosure is there

[rcc002]

Anas
Yes The Threshold for materiality is 5-10% For Profits before Tax So it was Material

[rcc002]

Share Some MCQs Answers Friends if confirmed

[rcc002]

ilona
4 elements are i think the same as those contents of Reports
Like
Addressee
Responsibilities of Auditor
Signature
Basis of Opinion

[rcc002]

ilona
Not the benefit of outsourcing was i think Immediate access to internal Audit This Type of option I choosed.
Because it is also cost effective and skilled benefits also there But not accessed easily I think

[Author]

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