Question
Cross-Site Scripting (XSS) attacks primarily target
which component of web applications?Solution
Client browsers
An auditor identifies a material misstatement due to fraud in financial statements. What should be his immediate course of action?
Client has breached debt covenants; lender issued waiver valid for 9 months after balance sheet date. Auditor notes liquidity support from group company...
An auditor notices that a bank’s internal controls over loan approvals are weak, but substantive testing of balances shows no material misstatements. ...
The internal audit report of XYZ Ltd. reveals irregularities in procurement. The statutory auditor plans to rely on internal audit work. Which standard ...
Which of the following financial statements shows a company's retained earnings over time?
During audit of XYZ Ltd., the auditor noted that the management concealed certain pending litigations that could affect profitability. However, the CFO ...
Internal audit is conducted to:
Who is primarily responsible for preventing and detecting frauds in an organisation?
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...
Which of the following best describes the primary objective of a system of internal control in a large organization?
Relevant for Exams:
