Paper III: Financial Accounting-2 Study Notes

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10 Questions

What is the main objective of the CAT Paper III: Financial Accounting-2 course?

To enable students to gain skills in payroll accounting and asset accounting

What does the term 'statutory deductions' refer to in the context of payroll accounting?

Deductions mandated by law, such as EPF, ESI, and income tax

In store accounting, what does 'pricing of purchase of materials' involve?

Recording the cost of materials purchased

What is the main purpose of asset accounting in the CAT Paper III course?

To account for current assets and fixed assets

What are the special transactions covered in the Financial Accounting-2 course?

Bills of exchange, consignment, and joint venture

Which organization published the study notes for Paper III: Financial Accounting-2?

The Institute of Cost Accountants of India

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

Lodhi Road, New Delhi

What is the contact telephone number for CMA Bhawan, Kolkata?

+91-11-24666134

Where were the study notes for Paper III: Financial Accounting-2 printed?

Sector-63, Noida

Who holds the copyrights of the study notes for Paper III: Financial Accounting-2?

The Institute of Cost Accountants of India

Prepare for the Paper III exam on Financial Accounting-2 with these study notes provided by the Directorate of CAT, The Institute of Cost Accountants of India. The notes cover essential topics and are valuable for the Certificate in Accounting Technicians (CAT) program.

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