Question
Recently Sajid javid and Rishi Sunak tendered their
resignation as the health secretary and the chancellor of the exchequer of which country?Solution
Recently The UK named a new Health Secretary and Finance Minister shortly after Health Secretary Sajid Javid and Chancellor of the Exchequer Rishi Sunak tendered their resignation. UK Cabinet chief of staff Steve Barclay has been appointed as the new health secretary. Meanwhile, UK education secretary Nadhim Zahawi was named as the new finance minister.
Internal check is carried on by
Which of the following is a primary objective of auditing?
âGoods sent on approval basisâ have been recorded as âCredit salesâ. 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 ďż˝...
Which of the following is NOT a key element of an independent auditorâs 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 auditorâs responsibility in detecting fraud?