ANSWER WRITING PRACTICE- 01



1. How is Gordon's model an improvement over other dividend models ? Discuss its limitations. 

2. How will you handle risk and uncertainty in Capital Budgeting ? Explain.


3. What is a Qualified Audit Report ? Prepare a qualified audit report highlighting atleast three qualifications. 

4. "Dividend cannot be paid out of capital." Explain it. Is there any exception to this rule of law? How will you, as an auditor, ensure that the dividend has not been paid out of capital?

Note- Students can post their writing in comment box and review each other answers and assist for same.

GOOD LUCK

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