Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowInitial quantity of milk in the mixture = 160 × 4/5 = 128 litres Initial quantity of water in the mixture = 160 × 1/5 = 32 litres 28 litres mixture contains 22.4 litres milk and 5.6 litres water. So the quantity of water in the resultant mixture = 32 – 5.6 + 28 = 54.4 litres Percentage of water in the resultant mixture = 54.4/160 × 100 = 34%
An auditor finds that significant information is missing from financial statements and the effect is material and pervasive. What type of audit opinion ...
Internal check is carried on by
Suppose an NPO receives a donation of $10,000 from a donor. The entry to record this transaction would be as follows?
Process of verifying the documentary evidences of transactions are known as:
During audit of XYZ Ltd., the auditor noted that the management concealed certain pending litigations that could affect profitability. However, the CFO ...
CARO, 2020 is applicable to which of the following companies?
Which of the following statements is true for cash basis accounting?
During an audit, the auditor notices that a single person in a company is responsible for authorizing transactions, maintaining records, and custody of ...
Which of the following statements is not true?
……… is an audit on a legal entity (the auditee) by two or more auditors to produce a single audit report, thereby sharing responsib...