At the planning stage you would NOT consider____________?

Related Mcqs:

The fundamental objective of the audit of a company is to_____________?

A. Protect the interests of the minority shareholders B. Detect and prevent errors and fraud C. Assess the effectiveness of the company’s performance D. Attest to the credibility of the company’s accounts...

Which one of the following is NOT considered to be part of planning?

A. Background i.e. industry B. Previous year’s audit i.e. any qualifications in the report C. Considering the work to be done by the client staff e.g. internal audit D. Considering whether the financial statements show a true and fair view...

Window dressing implies_______________?

A. Curtailment of expenses B. Checking of Wastages C. Under valuation of assets D. Over Valuation of assets...

Balance sheet does not include­:_____________?

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...

What sort of assurance is provided in a review engagement?

A. Positive assurance B. Negative assurance C. High level of assurance D. No assurance...