There was a question for finals regarding investment in securies giving equity shares , mutual funds and Govt Sec.asking to find out the value.question provides market value and cost only.Is the total value sum of all MVs?Pls reply
CA riya (CA) (266 Points)
01 November 2008There was a question for finals regarding investment in securies giving equity shares , mutual funds and Govt Sec.asking to find out the value.question provides market value and cost only.Is the total value sum of all MVs?Pls reply
Kamaraj Mani. N
(Chartered Accountant - Product Manager)
(553 Points)
Replied 01 November 2008
No dear... We have to compare the Cost and Market value of each catogory and have to select least of the said two.
It is already asked once in exam...
Please read compilation atleast once before the exam.
More than 3 questions repeated again.