CA FINAL ALL MCQS

Ca firm being statutory auditor of company X want to do internal audit of joint venture company of X. Can he do so?

A CAiP who is member of trust, can be the auditor of trust? Mention reason in comment

CAIP accepted engagement of BRSR Study report of XYZ Ltd.

Auditor want to accept directorship of the company in which he is the auditor.

A CAIP advertise through writeup and included about a reward received from central govt. Another CAIP inform ICAI about it.

A co. open tender only for CAs for the service of advisors or consultants (can be provided by non CA also) without mentioning minimum fee.

Q: Online Gaming provided by a supplier abroad to a recipient in India. RCM or FCM?

Q: Karavs Trades (Germany) sent goods for repair to PRA Repairs (Pune). Goods were repairs. Used for the purpose required for repairs, and then sent back. Legally, this shall be which type of a supply?

Q: Mr. Anil (Pune) gave interior designer services to Mr. Mehta (Dubai) w.r.t his property in Portugal. POS ?

Q: A circuit (telecom) is laid from State A to State B, with an intermediate point in State C - from where there is no benefit available. POS of this Supply shall be which state? What Ratio? (Contract agreement is silent)

Q6. Which statement is correct?

Q5. Which of the following factors may increase Tracking Error? 1 Higher expense ratio 2 Delay in portfolio rebalancing 3 Cash held by the scheme 4 Perfect replication of benchmark

Q4. Who is entitled to receive units of the segregated portfolio (Side Pocket)?

Q3. Which of the following is the most appropriate reason for creating a Side Pocket?

Q2. The Tracking Error primarily measures:

Q1. Which of the following fund has replicated the benchmark more efficiently?

Q: Air Asia (Airlines, reg in HR) gave a golden ticket which entitles me (registered in Pune) to avail any 5 domestic tickets in next 5 years. POS?