Question
SA 315 requires understanding the entity and its
environment, including internal control, to identify risks of material misstatement. A new auditor is engaged and starts with premises including: business processes, major transactions, organizational structure, IT systems, etc. Which of the following best captures the initial objective under SA 315?Solution
• SA 315’s core requirement is risk assessment via comprehensive understanding of internal controls.
What does trypsin do?
What is the colour of the outer zone of complete combustion of candle flame?
Which of the following statement is/are true?
I. Metal oxides are acidic in nature
II. Non-metallic oxides are basic in nature
Which of the following isotope of hydrogen is radioactive in nature?
Which of the following is a water soluble vitamin?
Which of the following is correct regarding isobars?
I. They have different atomic numbers
II. The have same mass numbers
What is the nature of the pH of milk?
Chlorophyll-a is present in all photosynthetic organisms except
Water from soil enters into the root hairs owing to :
_____ is used for making chemical apparatus like beakers, flasks, etc.
