Question
The ratio of the length to the breadth of a rectangle is
5:7. If the sum of the length and breadth of the rectangle is 60 cm, find the area (in cm²) of the rectangle.Solution
Let the length and breadth of the rectangle be 6x cm and 9x cm, respectively. According to the question, 5x + 7x = 60 Or x = 60/12 = 5 Therefore, area of the rectangle = 5 x× 7x = 35x2 =35×25 = 875 cm2
The risk that the internal control system will fail to prevent or detect a material misstatement is:
Which of the following is an example of an "Inherent Risk" factor?
Why must auditors obtain an understanding of internal control even if they do not intend to rely on it?
Which of the following statements is true for cash basis accounting?
Which of the following is NOT a type of audit opinion as per SA 700?
Who is primarily responsible for preventing and detecting frauds in an organisation?
 ………………. Is a kind of audit is conducted between two annual audits
As per SA 210, the auditor shall agree the terms of the audit engagement with:
Which of the following is NOT a key element of an independent auditor’s report under SA 700?
While auditing cash payments, an auditor examines supporting documents like invoices, payment vouchers, and authorizations. This process is called: