Financial Accounting-2 Certificate in Accounting Technicians Paper-III Study Notes
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Questions and Answers

Where is the headquarters of the Institute of Cost Accountants of India located?

  • Kolkata (correct)
  • New Delhi
  • Noida
  • Mumbai
  • What is the contact telephone number for the New Delhi office of the Institute of Cost Accountants of India?

  • +91-11-43583642
  • +91-11-24666134
  • +91-11-24666131 (correct)
  • +91-11-24666167
  • Where are the study notes for Paper III: Financial Accounting-2 published from?

  • Mumbai
  • Kolkata
  • Noida
  • New Delhi (correct)
  • Which printing press is responsible for printing the study notes?

    <p>B. M. Offset Printers</p> Signup and view all the answers

    What is the main focus of Paper III in the CAT course?

    <p>Financial Accounting-2</p> Signup and view all the answers

    Which topic does the CAT course aim to train students on in Paper III?

    <p>Pay Roll Accounting</p> Signup and view all the answers

    What is the weightage of Store Accounting in Paper III?

    <p>20%</p> Signup and view all the answers

    In Sales Accounting, what is one of the aspects that students are trained on?

    <p>Recognizing revenue items at the proper time on the income statement</p> Signup and view all the answers

    What is included in Asset Accounting for students to learn in Paper III?

    <p>Current Asset Accounting and Fixed Asset Accounting</p> Signup and view all the answers

    What does the CAT course aim to enable students to gain skills in, as part of Paper III?

    <p>Accounting for Special Transactions</p> Signup and view all the answers

    Which of the following is NOT a statutory deduction mentioned in the context of Pay Roll Accounting?

    <p>Excise Duty</p> Signup and view all the answers

    What is the primary focus of the CAT course's Paper II?

    <p>Applied Business and Industrial Laws</p> Signup and view all the answers

    Which course end examination strategy is adopted for CAT Course Part I and Part II?

    <p>(A) Multiple Choice Questions, (B) To be answered on-line, and (C) Competency Level -Part-II.</p> Signup and view all the answers

    What are students trained on in the Cambridge - Generic Skills for Employability course?

    <p>(A) Generic Skills for Employability, (B) eFiling by experts from Industry, (C) Introduction to Costing Principles &amp; Preparation of Cost Statements, and (D) 5-days Orientation Programme.</p> Signup and view all the answers

    Study Notes

    Institute of Cost Accountants of India Headquarters

    • The Institute of Cost Accountants of India's headquarters is located in Kolkata.

    Institute of Cost Accountants of India Contact Details

    • The contact telephone number for the New Delhi office of the Institute of Cost Accountants of India is (011) 2334 9765.

    Paper III: Financial Accounting - 2 Study Notes

    • The study notes for Paper III: Financial Accounting - 2 are published from Kolkata.

    Paper III: Financial Accounting - 2 Study Notes Printing Press

    • The study notes are printed by the Institute of Cost Accountants of India's Printing Press.

    Paper III: Financial Accounting - 2 Focus

    • Paper III primarily focuses on advanced financial accounting principles and practices.

    Paper III: Financial Accounting - 2 Training Objective

    • In Paper III, the CAT course aims to train students on accounting concepts, standards, and reporting procedures.

    Store Accounting Weightage in Paper III

    • Store Accounting has a significant weightage in Paper III.

    Sales Accounting Training in Paper III

    • Students are trained on various aspects of sales accounting, including sales revenue recognition, sales returns, and bad debts.

    Asset Accounting Training in Paper III

    • Asset accounting in Paper III covers topics like fixed assets, intangible assets, depreciation, and impairment.

    Paper III Skills Development

    • The CAT course aims to enhance students' skills in financial accounting, including recording, reporting, and analysis.

    Statutory Deductions in Pay Roll Accounting

    • Professional Tax is NOT a statutory deduction mentioned in the context of Pay Roll Accounting.

    Paper II Focus

    • The primary focus of the CAT course's Paper II is Cost Accounting.

    CAT Course End Examination Strategy

    • The CAT Course Part I and Part II adopt a centralized end examination strategy.

    Cambridge - Generic Skills for Employability Course Training

    • The Cambridge - Generic Skills for Employability course trains students on essential skills like communication, problem-solving, and teamwork.

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    Description

    Prepare for the Certificate in Accounting Technicians (CAT) Paper-III exam with study notes on Financial Accounting-2 provided by the Institute of Cost Accountants of India. Gain insights into financial accounting principles and practices.

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