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What is demand explain the theory of law of demand in detail? Video Lecture In this video lecture, we are going to learn the Theory of Demand in accordance with Fundamentals of Economics and Management, Paper 1 of CMA Foundation.   Difference between the law of demand and the theory of demand? Theory of Demand is the principle/law that correlates the demand for a product with the price of the product. The Law of Demand is the basis for price determination in an open market. We will also look at the Elasticity of Demand and the concept of Demand Schedule. Theory of Demand, tells the connection between the cost of the merchandise and its amount requested. In the event that the cost of any great or administration expands, at that point its interest diminishes and the other way around. Theory of Demand The relationship between the cost of a product and the amount demanded is described by the Theory of Demand. When the expense of a good or administration rises, so does its appeal, and vice

CMA Foundation Syllabus  2021 Check Details  CMA Foundation Syllabus & CMA Foundation Exam The Institute of Cost Management Accountants of India administers the CMA Foundation  Exam , which is a disconnected expressive test administered by pen and paper. The test consists of four papers. Each is worth 100 stamps and lasts three hours. The exam will last for at least four days. It takes place twice a year, once in June and once in December.   Eligibility Criteria and Registration Process You must appear for the Secondary School Examination (10+2) or a proportional examination as determined by the Central Government.   If you meet this requirement, you are qualified to enroll. It's worth noting that if you're waiting for your results, you can apply for temporary enrollment.   You can enlist in one of two different ways: Offline registration Online registration In the event that you pick disconnected enrollment, you’ll need to mail in your application to your individual territ

What is ICMAI ? Its  History and the primary qualification of the ICMAI History of ICMAI The Institute of Cost and Management Accountants of India (ICMAI) was established in 1944 as a registered limited liability company (LLC) under the terms of the Companies Act of 1913. ICMAI's goals include regulating, promoting, and growing the field of value accounting. This law was passed to give ICWAI statutory registration as an independent professional institute. On December 12, 2011, the CWA Amendment Bill was introduced in both houses of parliament — the Lok Sabha and the Rajya Sabha. The CWA Amendment law was approved by the Honorable President of India on January 12, 2012. The amendments were published in India's Official Gazette on January 13, 2012.   ICMAI qualifications and curriculum   CMA completion is the ICMAI's primary qualification, which entails passing up to three levels of examinations – Foundation, Intermediate , and  Final  – as well as three years of practical tr

 What is in the CMA Foundation Exam? Introduction of  CMA Foundation Accounting Video Lecture In this Video post, we will talk about The Institute of Cost Management Accountants  of India’s entry-level requirements into the Cost Management Accountancy Course. The nature of exams, number of papers, and weightage of each topic. Whether it is offline-based or online-based. Introduction of CMA Foundation The exam is known as the CMA Foundation exam. ICMAI is the conducting body. The full form is The Institute of Cost Management Accountants  of India. Previously the body was known as the Institute of Cost & Works Accountants of India.   Introduction Of CMA Foundation Accounting Accounting is the process of recording, classifying, and summarising a company's financial activities. Accounting is widely used since it aids in the decision-making process in all economic activities.   As a CMA Foundation  candidate, you should be familiar with the fundamentals and fundamental ideas of acco