Question
Given below are two statements: Statement I:
Orobanche (Broomrape) is a total-root parasitic weed in rapeseed mustard.Statement II: Striga (witch weed) is a total stem-parasitic weed of sorghum.In the light of the above statements, choose the most appropriate answer from the options given below:Solution
Witch weed (Striga species) is partial root parasite of sugarcane Jawar, maize, cereals and millets in India.
According to SA 240, which of the following is TRUE regarding auditor’s responsibility in detecting fraud?
Which of the following best describes the primary objective of a system of internal control in a large organization?
An auditor detects unusual journal entries passed at month-end involving revenue accounts, without supporting documents. Management explains they are �...
An auditor notices that a bank’s internal controls over loan approvals are weak, but substantive testing of balances shows no material misstatements. ...
The internal audit report of XYZ Ltd. reveals irregularities in procurement. The statutory auditor plans to rely on internal audit work. Which standard ...
While auditing the books of a listed company, the auditor finds that management is unwilling to provide audit evidence for certain related party transac...
An auditor finds that significant information is missing from financial statements and the effect is material and pervasive. What type of audit opinion ...
An auditor finds material misstatements due to fraud but the management refuses to take corrective action. What should be the auditor’s next step?
An auditor identifies a material misstatement due to fraud in financial statements. What should be his immediate course of action?
The scope of internal audit is decided by the :
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