Question
(i) The Constitution (Sixty-first Amendment) Act, 1989
has __________ the voting age from 21 years to 18 years for the Lok Sabha and the Legislative Assembly elections. (ii) In the present cola-war, the consumer has gained on account of the __________ rates of aerated water. (iii) On account of our power-cut during the summer months this year, our average daily production of paper has __________ by almost ten percent. In each of the following sentences, there is a blank space, followed by some choices of words given in options. You have to determine which of these words fits well in all, or the maximum number of sentences. If none of these words fits well, mark your answer as none of these.Solution
Solution: The word ‘reduced’ means ‘less than before or less than usual’. This is the correct word in all the statements.
The risk that the internal control system will fail to prevent or detect a material misstatement is:
Which of the following is an example of an "Inherent Risk" factor?
Why must auditors obtain an understanding of internal control even if they do not intend to rely on it?
Which of the following statements is true for cash basis accounting?
Which of the following is NOT a type of audit opinion as per SA 700?
Who is primarily responsible for preventing and detecting frauds in an organisation?
 ………………. Is a kind of audit is conducted between two annual audits
As per SA 210, the auditor shall agree the terms of the audit engagement with:
Which of the following is NOT a key element of an independent auditor’s report under SA 700?
While auditing cash payments, an auditor examines supporting documents like invoices, payment vouchers, and authorizations. This process is called:
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