Question
Fill in the blank with the most appropriate word.
The chairman ______ the members to be restrained during the board meeting.Solution
Adjured means urge or request (someone) solemnly or earnestly to do something. The chairman is directing an action towards the members. The most appropriate word is 'adjured' as it means that he urged the members to be under control.
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: