Concealment of shortage by delaying the recording of cash receipts is known as_____________?

Related Mcqs:

The term ‘Audit’ is derived from a Latin word “audire” which means___________?

A. To inspect B. To examine C. To hear D. To investigate...

Which of the following is normally the most reliable source of audit evidence?

A. Internal audit B. Suppliers’ statements C. Board minutes D. Analytical review...

When is evidential matter, generally, considered sufficient?

A. When it constitutes entire population B. When it is enough to provide a basis for giving reasonable assurance regarding truthfulness C. When it is objective and relevant D. When auditor collects and evaluates it independently...

Which of the following statements is, generally, correct about the reliability of auditevidence?

A. To be reliable, evidence should conclusive rather than persuasive B. Effective internal control system provides reliable audit evidence C. Evidence obtained from outside sources routed through the client D. All are correct....

The auditor has a right to­___________?

A. Obtain information and explanation B. Obtain information and explanation from the employees and officers C. Obtain information and explanation necessary for the purpose of audit D. Both B. and C....