Question
An auditor notices that a bank’s internal controls
over loan approvals are weak, but substantive testing of balances shows no material misstatements. Which is the correct implication under SA 315 and SA 330?Solution
Weak controls increase audit risk but if substantive procedures show balances are fairly stated, opinion may remain unmodified; however, weaknesses are communicated to management.
Awash in green with wisps of clouds drifting through, this tranquil village up in the mountains of Uttarakhand is truly magical. With panoramic views o...
It was free pedicure as we rubbed the soles of our feet on the stone steps and dangled _______ in the water for the fish to nibble away _________ the dirt.
In the following question, two statements are given with a part missing. From the options, choose the word that can fit in the sentences to make it gra...
In each of the questions below, a sentence is given with two blanks that indicate that some parts are missing. Identify the correct pair of words that...
Directions (104-105): Choose the word/group of words which is most similar in meaning to the word/group of words printed in bold as used in the passage...
She starts crying at the drop of a _________.
In the following question, an incomplete statement followed by fillers is given. Pick out the best filler to complete the incomplete statement, correct...
Fill in the blanks with the most apt conjugation from among the options given.
__________ the enemy's planes had decimated our defences.
- Select the most appropriate homophone to fill in the blank:
The orchestra played a beautiful ________ at the end of the ceremony.
... His constant tendency to _______ led to a lot of wasted time and unnecessary complications.
