Question
Which of the following is the capital of the Union
Territory Dadra and Nagar Haveli?Solution
Silvassa was the capital of Dadra and Nagar Haveli. In 26 Jan, 2020, the Parliament of India merge Dadra and Nagar Haveli with the nearby union territory of Daman and Diu to create a single union territory to be known as Dadra and Nagar Haveli and Daman and Diu.
Which of the following is a primary objective of auditing?
A sale of Rs. 25,000 to A was entered as a sale to B. This is an example of _
Which of the following best describes analytical procedures as per SA 520?
Client has breached debt covenants; lender issued waiver valid for 9 months after balance sheet date. Auditor notes liquidity support from group company...
Process of verifying the documentary evidences of transactions are known as:
An auditor finds material misstatements due to fraud but the management refuses to take corrective action. What should be the auditor’s next step?
An auditor notices that a bank’s internal controls over loan approvals are weak, but substantive testing of balances shows no material misstatements. ...
________ the audit risks _________ the materiality and _______ the audit effort
Which of the following constitutes the most reliable audit evidence?
Late-year reinsurance treaties significantly reduce reported loss ratio. Which step is most relevant to fraud risk of “window dressing”?
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