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CA Intermediate Paper 1 Advanced Accounting Exam Prep Quiz

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CA Intermediate Paper 1 Advanced Accounting Exam Prep Quiz

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Questions and Answers

What is the purpose of the disclaimer provided in the text?

To emphasize the reliability of the sources used

To guarantee the completeness and accuracy of the information

To ensure the results obtained from the use of the information

To absolve Vivitsu from responsibility for errors or omissions (correct)

What does the text imply about the information provided in the compilation?

It is guaranteed to be accurate and complete

It is obtained from reliable sources but without guarantee of completeness or accuracy (correct)

It is from the CA Finalist May’24 amended answers

It is obtained from the Institute of Chartered Accountants of India

What is the primary focus of the disclaimer regarding the information on the site?

To highlight the performance and merchantability of the information

To emphasize the fitness for a particular purpose of the information

To absolve Vivitsu from liability for any decision made in reliance on the information (correct)

To ensure the reliability of the information provided

What kind of warranty is NOT provided for the information on the site?

<p>Completeness</p> Signup and view all the answers

In what event will Vivitsu not be liable for any damages?

<p>For any decision made or action taken in reliance on the information on the site</p> Signup and view all the answers

Study Notes

Disclaimer and Liability

The purpose of the disclaimer is to limit the liability of Vivitsu for the information provided on the site.
The disclaimer implies that the information on the site is provided "as is" and may not be accurate or complete.
The primary focus of the disclaimer is to disclaim any warranties or representations about the accuracy, completeness, or reliability of the information.
The disclaimer states that Vivitsu does not provide any warranty, including implied warranties of merchantability, fitness for a particular purpose, or non-infringement.
Vivitsu will not be liable for any damages, including direct, indirect, incidental, punitive, or consequential damages, in the event of any losses, damages, or injuries arising from the use of the site or reliance on the information provided.

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Description

Get ready for your CA Intermediate Paper 1 Advanced Accounting exam with this comprehensive compilation of RTP’s, MTP’s, and PYP’s from 11 previous attempts. The questions have been modified to align with the new scheme of May’24, and answers are provided for your convenience. Perfect for CA Finalists preparing for the May’24 exam.