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Questions and Answers
What is the vision pursued by the Institute of Cost Accountants of India?
What is the vision pursued by the Institute of Cost Accountants of India?
In what year was the Institute of Cost Accountants of India established?
In what year was the Institute of Cost Accountants of India established?
What is the main role of the Institute in relation to students?
What is the main role of the Institute in relation to students?
How many members does the Institute of Cost Accountants of India have globally?
How many members does the Institute of Cost Accountants of India have globally?
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What are professionals known as after acquiring specialized knowledge in this field?
What are professionals known as after acquiring specialized knowledge in this field?
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What does the Institute consider as the key drivers of the profession?
What does the Institute consider as the key drivers of the profession?
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What is the administrative control of the Institute of Cost Accountants of India?
What is the administrative control of the Institute of Cost Accountants of India?
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How many regional councils does the Institute of Cost Accountants of India operate through?
How many regional councils does the Institute of Cost Accountants of India operate through?
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Where are the 11 Overseas Centres of the Institute of Cost Accountants of India headquartered?
Where are the 11 Overseas Centres of the Institute of Cost Accountants of India headquartered?
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What is the vision statement of the Institute of Cost Accountants of India?
What is the vision statement of the Institute of Cost Accountants of India?
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What is the mission statement of the Cost and Management Accountant professionals?
What is the mission statement of the Cost and Management Accountant professionals?
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What is the motto of the Institute of Cost Accountants of India?
What is the motto of the Institute of Cost Accountants of India?
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Which ministry has administrative control over the Institute of Cost Accountants of India?
Which ministry has administrative control over the Institute of Cost Accountants of India?
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What is the cover image source for the study notes on Fundamentals of Business Economics and Management?
What is the cover image source for the study notes on Fundamentals of Business Economics and Management?
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Where are the Overseas Centres headquartered for Institute of Cost Accountants of India?
Where are the Overseas Centres headquartered for Institute of Cost Accountants of India?
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What is the first module description weightage for Section A: Fundamentals of Business Economics?
What is the first module description weightage for Section A: Fundamentals of Business Economics?
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What field of study is economics considered to be?
What field of study is economics considered to be?
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In which ministry does the Institute of Cost Accountants of India have administrative control?
In which ministry does the Institute of Cost Accountants of India have administrative control?
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What is the vision pursued by the Institute of Cost Accountants of India?
What is the vision pursued by the Institute of Cost Accountants of India?
Signup and view all the answers
When was the Institute of Cost Accountants of India established?
When was the Institute of Cost Accountants of India established?
Signup and view all the answers
Study Notes
Institute of Cost Accountants of India
- The Institute of Cost Accountants of India was established in 1944.
- The Institute has administrative control under the Ministry of Corporate Affairs.
- The Institute operates through 94 chapters and 11 overseas centres.
- The overseas centres are headquartered in Abu Dhabi, Bahrain, Dubai, Kuwait, Malaysia, Muscat, Nigeria, Qatar, Saudi Arabia, and Singapore.
- The Institute has over 85,000 members globally.
Role and Objectives
- The main role of the Institute is to provide guidance and support to students pursuing a career in cost accounting.
- The Institute considers professional competence, ethics, and commitment to lifelong learning as key drivers of the profession.
- The vision of the Institute is to be a global leader in the field of cost and management accounting.
- The mission statement of Cost and Management Accountant professionals is to contribute to the growth and development of the economy by providing expertise in cost and management accounting.
- The motto of the Institute is "Simple, Service, Sacrifice".
Study Notes
- The study notes on Fundamentals of Business Economics and Management have a cover image sourced from the Institute of Cost Accountants of India.
- The first module description weightage for Section A: Fundamentals of Business Economics is 30%.
- Economics is considered to be a field of study that deals with the production, distribution, and consumption of goods and services.
Note: I have reorganized the study notes to group related information together, and removed redundant information. I have also used concise bullet points to make the information easy to understand and retain.
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Description
Test your knowledge of the Institute of Cost Accountants of India and its role in regulating the profession of Cost and Management Accountancy. This quiz covers the foundation fundamentals of business economics and management as per Paper 4 curriculum.
