Question
During an audit, the auditor notices that a single
person in a company is responsible for authorizing transactions, maintaining records, and custody of assets. What is the likely implication of this observation?Solution
Lack of segregation of duties is a major internal control weakness, increasing risk of both errors and frauds. Proper internal control requires duties to be divided among different individuals.
Which of the following BEST describes “cyber terrorism” under the IT Act, 2000?
The Authority under the PFRDA Act shall establish a committee to be known as the ____________
Sections 68 to 72 Of The Indian Contract Act, 1872 deals with________.
All agreements are contract if they are____________
Which of the following is not covered under TBT Agreement?
What is e-commerce?
What can a person do if they are aggrieved by an order made under section 3 of the the Occupational Safety, Health and Working Conditions Code?
The Preamble to our Constitution proclaims that “We, the People of India have established
Which is Court of record as per Article 129 of the Indian Constitution?
Section 10(2) specifies that the acting Vigilance Commissioner shall discharge CVC functions until:
