Question
The average age of a class of 24 girls is 16 years. If 6
new girls having average age of 12 years join the class, then the average age of the class becomes:Solution
Total age of 24 girls = 24 × 16 = 384 years Total age of 30 girls = 384 + (6 × 12) = 456 years Therefore new average age = 456/30 = 15.2 years
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?
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