Question
In light of recent regulations, how has the SEBI
circular amended the handling and distribution of securities to clients by brokers? The new directive aims to revise the traditional procedures to bolster transparency and safeguard investor interests. Consider the following options:Solution
The circular mandates that the payout of securities should be done directly to the clients' demat accounts, replacing the current practice where brokers pool securities before paying out to clients. This change aims to enhance operational efficiency and reduce the risk of misuse of clients' securities.
A company has an actual sales of ā¹25 crore vs. a budget of ā¹30 crore. Costs were below budget by ā¹2 crore. What does this imply?
A company takes a bank loan of ā¹10,00,000 at 10% interest. Interest for the year is ā¹1,00,000. Where is interest shown in financial statements?
Which ICDS deals with Accounting Policies?
Which of the following statements is FALSE with regard to working capital management?
GST applies to all goods and services EXCEPT:
Which state was declared Indiaās first fully literate state in 2025?
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In relation to auditing concepts, which of the following statements is INCORRECT?Ā
Which of the following accounting convention states thatāTrivial transactions can be ignoredā?
Claim payments net of subrogation recoveries are material. The entity reports claim cash flows on a gross basis. Can subrogation recoveries be offset in...
