Question
Which country was stripped of the right to host the
under-20 soccer World Cup, which will now be hosted by Argentina?Solution
Argentina will host the under-20 soccer World Cup, world governing body FIFA following the decision to strip Indonesia of the right to stage the tournament. FIFA announced the decision to remove Indonesia as host on March 29 after the country’s FA cancelled the draw to be held in Bali as its governor refused to host Israel’s team.
Which of the following is NOT part of auditor’s understanding of the entity and its environment under SA 315?
……… is an audit on a legal entity (the auditee) by two or more auditors to produce a single audit report, thereby sharing responsib...
Which of the following deductions is/are available as deduction from income under both the old and new tax regime of Income Tax?
An auditor identifies a significant risk around revenue cut-off due to manual end-period adjustments and complex multi-element contracts. The client pro...
An auditor finds material misstatements due to fraud but the management refuses to take corrective action. What should be the auditor’s next step?
‘Goods sent on approval basis’ have been recorded as ‘Credit sales’. This is an example of:
The scope of internal audit is decided by the :
Vouching primarily relates to:
Which of the following provides the most reliable audit evidence?
An auditor concludes financial statements give a true and fair view, except that inventory of Rs. 50 lakh was not physically verified due to management ...
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