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.Management Sciences
A. The gap between how the directors of a company perform their duties and how the shareholders expect them to perform
B. The gap between how the directors of a company perform their duties and how the general public expects them to perform
C. The gap between the public perception of the role of company auditors and their statutory role and responsibilities
D. The gap between the auditors’ own perception of their duties and how they are set out in the Companies Act
Related Mcqs:
- Process of verifying the documentary evidences of transactions are known as___________?
- A. Auditing B. Testing C. Vouching D. Verification...
- Audit in depth is synonymous for____________?
- A. Complete audit B. Completed audit C. Final audit D. Detailed audit...
- Of the following, which is the least persuasive type of audit evidence?
- A. Bank statements obtained from the client B. Documents obtained by auditor from third parties directly. C. Carbon copies of sales invoices inspected by the auditor D. Computations made by the auditor...
- The basic assumption underlying the use of analytical procedures is:____________?
- A. It helps the auditor to study relationship among elements of financial information B. Relationship among data exist and continue in the absence of known condition to the contrary C. Analytical procedures will not be able to detect unusual relationships D. None of the above....
- The client changed method of depreciation from straight line to written down value method. This has been disclosed as a note to the financial statements. It has an immaterial effect on the current financial statements. It is expected, however, that the change will have a significant effect on future periods. Which of the following option should the auditor express?
- A. Unqualified opinion B. Qualified opinion C. Disclaimer of opinion D. Adverse opinion...
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