Question
? = 20.08 + 14.99 ×
25.07 What approximate value should come in place of question mark (?) in the following question? (You are not expected to calculate the exact value)Solution
? = 20.08 + 14.99 × 25.07 => ? = 20 + 15 × 25 => ? = 20 + 375 => ? = 395
Which of the following is NOT part of auditor’s understanding of the entity and its environment under SA 315?
Which of the following financial statements can be prepared using a receipt and payment account?
Which of the following is NOT a key element of an independent auditor’s report under SA 700?
During a statutory audit, the auditor discovers a pattern of journal entries posted near year-end reversing shortly after year-end that inflate reported...
Vouching primarily relates to:
Internal auditor is removed and appointed by which among the following?
Which of the following provides the most reliable audit evidence?
Which of the following is NOT a type of audit opinion as per SA 700?
Internal check is a part of the:
Why must auditors obtain an understanding of internal control even if they do not intend to rely on it?