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NEW QUESTION: 1
Section C (4 Mark)
Read the senario and answer to the question.
Sajan and Jennifer want to accumulate funds for their vacation expenses as per their determined goal. They want to invest a fixed amount immediately from the Bonus amount he has received, and then in the beginning of every financial year till April, 2020 in a separate scheme of an Equity Mutual Fund. He would withdraw the required amount annually as adjusted for inflation from the Scheme from April, 2021 till April, 2036 for undertaking vacation trips. What approximate amount should be invested every year to achieve this goal?
A. Rs. 1.79 lakh
B. Rs. 1.86 lakh
C. Rs. 1.94 lakh
D. Rs. 2.08 lakh
Answer: B

NEW QUESTION: 2
Joe is attempting to import an invalid value into a picklist field. The import wizard will respond with an error message.
A. False
B. True
Answer: A

NEW QUESTION: 3
According to the Standards, which of the following best describes the responsibility of the chief audit executive (CAE) for approving the final engagement report?
The CAE is responsible for obtaining management approval before issuing the final report.
The CAE has overall responsibility for the report but can delegate the review and approval of the report.
The CAE is responsible for obtaining senior management's approval before releasing the final report.
The CAE is responsible for approving to whom and how the final report will be disseminated.
A. 1 and 3 only
B. 2 and 3 only
C. 2 and 4 only
D. 1 and 4 only
Answer: C

NEW QUESTION: 4
In furtherance of their duty to promote the success of the company under Section 172 of the Companies Act 2006, the directors are required to take account of amongst others, the company and its members, employees and suppliers.
Which of the following can enforce this duty against the directors?
A. The company
B. The suppliers
C. The employees
D. The members
Answer: A