Question
Numaligarh Refinery Limited (NRL) is a subsidiary of
which company?Solution
NRL, located in Golaghat district, Assam, operates as a subsidiary of Oil India Limited under the ownership of the Ministry of Petroleum and Natural Gas, Government of India.
A sale of Rs. 25,000 to A was entered as a sale to B. This is an example of _
Which of the following financial statements can be prepared using a receipt and payment account?
While auditing the books of a listed company, the auditor finds that management is unwilling to provide audit evidence for certain related party transac...
An auditor finds management has overridden controls, leading to possible material misstatements. As per SA 240, what should the auditor do?
An auditor finds that significant information is missing from financial statements and the effect is material and pervasive. What type of audit opinion ...
An auditor finds material misstatements due to fraud but the management refuses to take corrective action. What should be the auditor’s next step?
During audit of XYZ Ltd., the auditor noted that the management concealed certain pending litigations that could affect profitability. However, the CFO ...
Which of the following financial statements shows a company's retained earnings over time?
………………. Is a kind of audit is conducted between two annual audits
During the audit of ABC Ltd., the auditor identifies that a major debtor who owed ₹2 crore has declared bankruptcy post year-end but before signing of...