Question
In the following sentences, two words are omitted.
Choose the correct option that can fill the blanks both contextually and grammatically. The __________ nature of modern digital surveillance creates a sense of constant __________ among people, pushing many to become more careful about their privacy.Solution
A. Rare, excitement Rare – uncommon; not seen or happening often Excitement – strong enthusiasm or eager anticipation B. Useless, laughter Useless – not helpful; serving no purpose Laughter – the sound or action of laughing C. Limited, comfort Limited – small in amount; restricted Comfort – a feeling of ease, safety, or physical/mental relief D. Ubiquitous, uncertainty Ubiquitous – present everywhere; widespread Uncertainty – not knowing what will happen; doubt E. Light, joy Light – not heavy; or gentle/easy depending on context Joy – a feeling of great happiness or delight
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: