Question
Inside a square land having perimeter equal to 120
metres, leaving aside a circular land of radius 14 metres, the remaining land needs to be levelled at a cost of 28 rupees per square metre. What is the cost of leveling?Solution
Let the length of each side of the square land = ‘x’ metres Then, perimeter of the land = 4x = 120 metres So, x = (120/4) = 30 So, area of the square land = x2 = 302 = 900 m2 Area of the circular land = π × radius2 = (22/7) × 14 × 14 = 616 m2 Therefore, area to be levelled = 900 – 616 = 284 m2 Cost of leveling = 284 × 28 = Rs. 7952
Internal audit is conducted to:
Under CARO 2020, which of the following matters is required to be reported by the auditor?
Process of verifying the documentary evidences of transactions are known as:
An auditor notices that a bank’s internal controls over loan approvals are weak, but substantive testing of balances shows no material misstatements. ...
Which of the following statements is not true?
Which of the following best describes the primary objective of a system of internal control in a large organization?
During an audit, the auditor notices that a single person in a company is responsible for authorizing transactions, maintaining records, and custody of ...
An auditor identifies a significant risk around revenue cut-off due to manual end-period adjustments and complex multi-element contracts. The client pro...
An auditor finds material misstatements due to fraud but the management refuses to take corrective action. What should be the auditor’s next step?
Internal check is carried on by
Relevant for Exams:
