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.
The new Dwarka Expressway, being developed as the first elevated urban expressway in India, will be operational in the year _____?
Which city is the administrative headquarters of the state of Uttar Pradesh?
Who released the book Modi@20 : Dream meet Delivery , a compilation of different chapters written by eminent personalities.
The 23rd Tirthankara Parshwanatha was born in which of the following districts of Uttar Pradesh?
What is the percentage of Scheduled Tribes in the Total Population of Uttar Pradesh?
At what yearly interest rate does the 'e-Kisan Upaj Nidhi' platform permit farmers to store their produce at any registered WDRA warehouse for up to six...
Which planet is known as the 'Morning Star' or the 'Evening Star'?
Who won Iran's presidential election with 53.7% of the votes?
Who has been conferred with the prestigious ‘Dr Kalam Seva Puraskar’ for 2022?
Match List-I and List-II and select the correct answer from the given below:
