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• Article 143 allows the President to seek an advisory opinion from the Supreme Court, but it is not binding. • Article 123 grants the President the power to promulgate ordinances, which must be approved by Parliament within six weeks of reassembly. • Article 356 deals with President's Rule, not suspension of Fundamental Rights. Fundamental Rights can be suspended under Article 359 during a National Emergency.
An auditor finds management has overridden controls, leading to possible material misstatements. As per SA 240, what should the auditor do?
Which of the following constitutes the most reliable audit evidence?
As per SA 230, audit working papers must be retained for:
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?
Which of the following statements is not true?
‘Goods sent on approval basis’ have been recorded as ‘Credit sales’. This is an example of:
Which of the following financial statements shows a company's retained earnings over time?
The scope of internal audit is decided by the :
Suppose an NPO receives a donation of $10,000 from a donor. The entry to record this transaction would be as follows?
A sale of Rs. 25,000 to A was entered as a sale to B. This is an example of _