Question
An auditor concludes financial statements give a true
and fair view, except that inventory of Rs. 50 lakh was not physically verified due to management restrictions. Impact is material but not pervasive. What type of audit opinion?Solution
Material but not pervasive misstatements lead to a Qualified Opinion .
Bharat bond ETF is for:
The Banking which offers all types of financial products like banking, insurance, mutual funds, capital market related products, investment products, an...
Why Treasury rates are significantly lower as compared to other rates?
What is the Capital to Risk Weighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the latest Financial St...
What is the amount of contribution by RBI to the PIDF fund?
Where will the Bill receivable discounted but not due till date of final accounts, be shown under?
Which of the following are the part of Market Infrastructure Institutions?
As per dividend discount model, which among the following will give the cost of Equity?
With respect to the futures transactions, the purpose of margin is to ________
A PCA Framework for NBFCs has also been put in place to further strengthen the supervisory tools applicable to NBFCs, The same shall apply to:?