Podcast
Questions and Answers
What year was the Institute of Cost Accountants of India established?
What year was the Institute of Cost Accountants of India established?
- 1980
- 1972
- 1959 (correct)
- 1965
What is the main obligation of the Institute of Cost Accountants of India?
What is the main obligation of the Institute of Cost Accountants of India?
- Conducting market research
- Regulating the profession of Cost and Management Accountancy (correct)
- Offering financial consulting services
- Providing legal services to businesses
What specialized knowledge do the professionals of the Institute possess?
What specialized knowledge do the professionals of the Institute possess?
- Legal expertise and compliance management
- Evaluating operating efficiency and strategic management (correct)
- Financial forecasting and risk management
- Tax planning and audit preparation
What vision does the Institute of Cost Accountants of India pursue?
What vision does the Institute of Cost Accountants of India pursue?
What does the Institute of Cost Accountants of India consider as key drivers of the profession?
What does the Institute of Cost Accountants of India consider as key drivers of the profession?
Flashcards
ICAI Establishment Year
ICAI Establishment Year
The Institute of Cost Accountants of India was established in 1959.
ICAI's Main Obligation
ICAI's Main Obligation
The main obligation is regulating the Cost and Management Accountancy profession.
ICAI Professionals' Knowledge
ICAI Professionals' Knowledge
Professionals possess knowledge in evaluating operating efficiency and strategic management.
ICAI's Vision
ICAI's Vision
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ICAI's Key Drivers
ICAI's Key Drivers
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