Question
Mean of a grouped data calculated using direct method,
assumed mean method or step deviation method:Solution
Which of the following is NOT a key element of an independent auditor’s report under SA 700?
Internal check is carried on by
Who is primarily responsible for preventing and detecting frauds in an organisation?
Which balance is least suited to positive confirmation?
While applying analytical procedures, auditor notes gross profit margin fell from 25% to 18% though sales increased. Inventory valuation appears unchang...
The scope of internal audit is decided by the :
 ………………. Is a kind of audit is conducted between two annual audits
Which of the following is NOT part of auditor’s understanding of the entity and its environment under SA 315?
Which of the following best describes the primary objective of a system of internal control in a large organization?
An auditor finds material misstatements due to fraud but the management refuses to take corrective action. What should be the auditor’s next step?
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