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CA Final Professional and Ethical Duty of a CA — Financial Interests, Inducements & NOCLAR — practice questions
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Practice CA Final Professional and Ethical Duty of a CA — Financial Interests, Inducements & NOCLAR in the app →Under the ICAI Code of Ethics, what is the underlying nature of a financial interest that a CA in service holdWhich of the following is explicitly listed as a form of 'inducement' in the ICAI Code of Ethics?Within the scheme of the Code, which clause of Part II of the Second Schedule of the Chartered Accountants ActThe directors of Spinz Ltd. are entitled to incentives linked to 'Cash Generated from Operations' as defined iAgastya Ltd.'s directors propose to recognise current service cost and net interest cost on a defined-benefit An immediate family member of a CA in service is offered, outside the normal recruitment process, employment bInfostar Ltd.'s CFO, a CA, suggests withholding a historically paid discretionary employee incentive of ₹3 croA senior CA in service at a listed entity identifies suspected non-compliance with anti-money-laundering law bMitra Ltd. has publicly announced a plan to dispose of its 75% subsidiary Dosti Ltd., expected to complete in Agastya Ltd. presents a loan to a director of ₹75 lakhs, repayable on demand with no specific terms, under 'CaShastra Ltd. enters a property lease on 1 April 20X5 but does not recognise any lease asset / liability becausA CA in service holds employee stock options whose value is materially affected by reported profit. The board Within the NOCLAR framework, identify the statement that is INCORRECT.A CA-employee identifies pressure from a colleague to misstate inventory provisioning to meet quarterly numberA CA in service must NOT 'allow pressure from others to result in a breach of the fundamental principles'. Whi