Question
In a box there are 9 red, 3 blue, and 6 yellow socks.
One sock is picked up randomly. What is the probability that it is neither red nor blue?Solution
Total number of socks = 3 + 6 + 9 = 18 Let E= event that the socks drawn is neither red nor blue = event that the socks drawn is yellow. n (E) = 6 P (E) = 6/18 = 1/3
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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