Question
In each question below, four words that are numbered a,
b, c, and d have been printed of which one may be wrongly spelt. The number of that word is the answer. If all four words are correctly spelt mark e. i.e. ‘All correct’ as the answer .Solution
All the options are correct
An auditor notices that a bank’s internal controls over loan approvals are weak, but substantive testing of balances shows no material misstatements. ...
Suppose an NPO receives a donation of $10,000 from a donor. The entry to record this transaction would be as follows?
Internal check is carried on by
The primary objective of an audit is to:
The scope of internal audit is decided by the :
Which of the following best describes the primary objective of a system of internal control in a large organization?
Which of the following statements is true for cash basis accounting?
A sale of Rs. 25,000 to A was entered as a sale to B. This is an example of _
Which of the following is NOT a key element of an independent auditor’s report under SA 700?
An audit engagement letter is primarily issued to:
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