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.Management Sciences
A. Verification of assets and liabilities
B. Vouching of income and expense accounts related to assets and liabilities
C. Examination of adjusting and closing entries
D. Routine checks
Related Mcqs:
- ____________ is a systematic examination of the books and records or a business?
- A. Auditing B. Vouching C. Verification D. Checking...
- Process of verifying the documentary evidences of transactions are known as___________?
- A. Auditing B. Testing C. Vouching D. Verification...
- Lapping is also known as___________?
- A. Teeming and lading B. Looping C. Embezzlement D. Hacking...
- What would most effectively describe the risk of incorrect acceptance in terms of substantive audit testing?
- A. The auditor has ascertained that the balance is materially correct when in actual fact it is not B. The auditor concludes the balance is materially misstated when in actual fact is not C. The auditor has rejected an item from sample which was not supported by documentary evidence D. He applies random sampling on … What would most effectively describe the risk of incorrect acceptance in terms of substantive audit testing?Read More...
- The term of the auditor ship of first auditor would be from the date of appointment till________?
- A. the conclusion of statutory meeting B. the conclusion of first annual general meeting C. the conclusion of next annual general meeting D. the date of removal...
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