Start learning 50% faster. Sign in now
Adverse Opinion - The auditor shall express an adverse opinion when the auditor, having obtained sufficient appropriate audit evidence, concludes that misstatements, individually or in the aggregate, are both material and pervasive to the financial statements. Qualified opinion - The auditor, having obtained sufficient appropriate audit evidence, concludes that misstatements, individually or in the aggregate, are material, but not pervasive , to the financial statements; or the auditor is unable to obtain sufficient appropriate audit evidence on which to base the opinion, but the auditor concludes that the possible effects on the financial statements of undetected misstatements, if any, could be material but not pervasive. Disclaimer of Opinion - The auditor shall disclaim an opinion when the auditor is unable to obtain sufficient appropriate audit evidence on which to base the opinion, and the auditor concludes that the possible effects on the financial statements of undetected misstatements, if any, could be both material and pervasive.
If air is called water, water is called green, green is called dust, dust is called yellow and yellow is called cloud, which of the following does fish ...
Punit, Qumar, Rohit, Sheetal, Tabir, and Umesh live in a multi-storeyed building. Qumar lives immediately below the floor where Umesh lives. Sheetal liv...
Select the number from among the given options that can replace the question mark (?) in the following series.
18, 27, 34, 39, 42, ?
Statement: Researcher Jiankui's claim that he has changed the human fetal genes has proved to be true.
Choose one of the following options
According to the given figure, each side of the dice is painted with purple, red red, yellow, blue, gray and orange. What color is painted in contrast t...
Choose the pair of words which are differently related from the rest:
Statement: H
conclusion:
i) M> I
ii) P>
iii) H
If A denotes ‘+’, B denotes ‘×’, C denotes ‘−’ and D denotes ‘÷’, then what will come in place of ‘?’ in the following equation...
If a mirror is placed on the shaded line, which of the following options is the correct reflection of the given shape?