CA Wallah - Official PW Account

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Channel's geo and language: India, Hindi

Category: Cryptocurrencies

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India, Hindi

CA Wallah - Official PW Account

21 Dec, 16:31

﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* Price Determination in Different Markets *'✧

Business Economics By Love Sir 𓆩♡𓆪

Previous Year Questions

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CA Wallah - Official PW Account

21 Dec, 15:30

Answer of the Day :

Income refers to the total earnings that a company generates from its operations and other activities over a specific period, including revenue and any other income sources. It is typically reported on the income statement as the net profit after expenses have been deducted.

Revenue, on the other hand, is the total amount of money received by the company for goods sold or services provided, before any expenses are deducted.

Example:

- A company sells products worth ₹1,00,000 in a month (this is its revenue).
- It incurs costs like production, salaries, and other operational expenses totaling ₹70,000.
- Therefore, the income (or profit) would be ₹1,00,000 (revenue) - ₹70,000 (expenses) = ₹30,000 (income).

This distinction is crucial in understanding financial statements and evaluating a company's performance.

Feel free to use this question and answer in your preparations!

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CA Wallah - Official PW Account

21 Dec, 13:31

Short Note on Applications in Business 📈

1. Pricing Decisions 💵
Helps businesses determine the right price to attract customers while maximizing profits by analyzing demand elasticity and competition.

2. Product Development 🛠️
Guides decisions on features and design by understanding consumer preferences and market gaps, leading to products that meet demand.

3. Cost Control 📊
Assists in identifying areas for cost reduction through techniques like cost-benefit analysis, ensuring efficient resource utilization.

4. Financial Planning 💰
Supports businesses in budgeting and forecasting, helping in managing finances effectively and preparing for future expenses.

5. Marketing Strategies 📢
Provides insights on consumer behavior and helps in crafting targeted marketing campaigns, optimizing customer engagement and sales.

These applications enable companies to make data-driven, strategic decisions, crucial for growth and competitiveness.

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CA Wallah - Official PW Account

21 Dec, 11:31

Our guru Nitin sir went to attend the CICASA Conference - ATULYAM 2024 , as a Guest Speaker at ICAI JODHPUR 🔥🔥

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CA Wallah - Official PW Account

21 Dec, 09:31

Word of the Day: Variance 📊🔍

Definition 📝: The difference between budgeted or expected figures and actual results.

Usage 📈: Commonly used in performance analysis to identify discrepancies.

Purpose 🎯: Helps in understanding where expectations differ from reality and guides decision-making.

Key in Planning 🗂️: Variance analysis is crucial for budgeting, forecasting, and improving financial accuracy.

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CA Wallah - Official PW Account

20 Dec, 18:29

﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* Sequence & Series - 3 *'✧

Quantitative Aptitude By Aashish Sir 𓆩♡𓆪

Chapterwise Concept & Practice Sessions

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CA Wallah - Official PW Account

20 Dec, 17:32

✅Free Agastya Batch For Jan 2025
📌https://physicswallah.onelink.me/ZAZB/6iydslb5

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CA Wallah - Official PW Account

20 Dec, 16:31

﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* International Trade MQCs *'✧

Business Economics By Jasmeet Sir 𓆩♡𓆪

MCQ's

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CA Wallah - Official PW Account

20 Dec, 15:30

The probability of the occurrence of a number greater than 2 in a throw of a die if it is known that only even numbers can occur is

Poll

1/3
1/2
2/3
None

574 votes

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CA Wallah - Official PW Account

20 Dec, 14:29

A player has 7 cards in hand of which 5 are red and of these five 2 are kings. A card is drawn at random. The probability that it is a king, being known that it is red is

Poll

2/5
3/5
4/5
None

641 votes

4.4k 0 7 4 7

CA Wallah - Official PW Account

20 Dec, 13:32

Which of the following best describes a merit good?

Poll

A good that is under-consumed if left to the market
A good that is over-consumed if left to the market
A good that is rivalrous and excludable
A good that is produced by the private sector

852 votes

4.4k 0 9 2 3

CA Wallah - Official PW Account

20 Dec, 12:30

A family has 2 children. The probability that both of them are boys if it is known that one of them is a boy

Poll

1
1/2
3/4
None

1093 votes

4.5k 0 9 21 16

CA Wallah - Official PW Account

20 Dec, 11:30

What has been the trend regarding the size and scope of government in market economies over the past few decades?

Poll

It has remained the same.
It has decreased significantly.
It has grown much larger.
It has fluctuated without a clear trend.

872 votes

4.7k 0 4 6 19

CA Wallah - Official PW Account

20 Dec, 09:30

Real_Test_Business_Laws_CA_Foundation_Sampurna_Jan_2025_Karan_Sir.pdf

144.7Kb

📝 Real Test Business Laws Question Paper
📚

Subject - Business Laws

Perfect for your prep!

For More Notes & Free Content Visit Our Agastya Batch on PW App

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CA Wallah - Official PW Account

20 Dec, 08:31

"🌟 Dream Big, Work Hard, Stay Consistent! Your CA Foundation success is just one step away—believe in yourself and keep pushing forward. 💪📚"

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CA Wallah - Official PW Account

19 Dec, 18:31

﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* Sequence & Series - 2 *'✧

Quantitative Aptitude By Aashish Sir 𓆩♡𓆪

Chapterwise Concept & Practice Sessions

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CA Wallah - Official PW Account

19 Dec, 17:02

﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* How to Score 90+ Marks in Business Laws *'✧

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CA Wallah - Official PW Account

19 Dec, 16:13

﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* Rectification Of Errors & BRS *'✧

Accounting By Nitin Sir 𓆩♡𓆪

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CA Wallah - Official PW Account

19 Dec, 14:30

Ranjeet Kumar Agarwal at conference organised by the ICAI's Dubai 🔥🔥

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CA Wallah - Official PW Account

19 Dec, 12:32

Units of one currency for every unit of another currency is how the nominal exchange rate is expressed. This is adjusted for changes in price levels using a real exchange rate. These are the claims:

Poll