Question
One morning Utkarsh and Vivek were talking to each
other face to face at a crossing. If Vivekās shadow was exactly to the left of Utkarsh, which direction was Utkarsh facing?Solution
The correct answer is C
Internal check is carried on by
Which of the following is a primary objective of auditing?
āGoods sent on approval basisā have been recorded as āCredit salesā. This is an example of:
An auditor detects unusual journal entries passed at month-end involving revenue accounts, without supporting documents. Management explains they are ļæ½...
Which of the following is NOT a key element of an independent auditorās report under SA 700?
If the auditor is unable to obtain sufficient audit evidence and the possible effect is material but not pervasive, what type of opinion is issued?
An auditor identifies a material misstatement due to fraud in financial statements. What should be his immediate course of action?
A statutory auditor of a listed company evaluates whether the going concern assumption holds. He observes continuous losses, negative net worth, and pen...
Which of the following financial statements can be prepared using a receipt and payment account?
According to SA 240, which of the following is TRUE regarding auditorās responsibility in detecting fraud?
