Question
Piyush bought 18 notebooks for Rs.1220 from shop A and
14 notebooks for Rs.860 from shop B. What is the average price he paid per book?Solution
Total money paid for 32 notebooks = Rs. (1220 + 860) = Rs. 2080  ∴ Average price paid per notebook = Rs. (2080/32) = Rs.65
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?
Relevant for Exams:
