Question
Prime Minister, Shri Narendra Modi inaugurated the
headquarters of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) at which place recently?Solution
The Prime Minister, Shri Narendra Modi inaugurated the headquarters of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) at Bopal, Ahmedabad. The programme also witnessed the exchange of MoUs between IN-SPACe and private sector companies working in the field of space-based applications and services. The promotion and enabling of private entities in the space sector will provide a major fillip to the space sector and open up new vistas of opportunity for Indiaās talented youth.
Internal check is carried on by
Which of the following is a primary objective of auditing?
āGoods sent on approval basisā have been recorded as āCredit salesā. This is an example of:
An auditor detects unusual journal entries passed at month-end involving revenue accounts, without supporting documents. Management explains they are ļæ½...
Which of the following is NOT a key element of an independent auditorās report under SA 700?
If the auditor is unable to obtain sufficient audit evidence and the possible effect is material but not pervasive, what type of opinion is issued?
An auditor identifies a material misstatement due to fraud in financial statements. What should be his immediate course of action?
A statutory auditor of a listed company evaluates whether the going concern assumption holds. He observes continuous losses, negative net worth, and pen...
Which of the following financial statements can be prepared using a receipt and payment account?
According to SA 240, which of the following is TRUE regarding auditorās responsibility in detecting fraud?