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.Management Sciences
A. To detect errors or fraud
B. To comply with GAAP appropriate evidence
C. To gather sufficient
D. To assess audit risk
Related Mcqs:
- Window dressing implies_______________?
- A. Curtailment of expenses B. Checking of Wastages C. Under valuation of assets D. Over Valuation of assets...
- Test Checking refers to___________?
- A. Testing of accounts and records B. Checking of selected number of transactions C. Examination of adjusting and closing entries D. Checking of all transactions recorded...
- Which of the following statements is, generally, correct about the reliability of audit evidence?
- 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....
- Which of the following is not an advantage of the preparation of working paper?
- A. To provide a basis for review of audit work B. To provide a basis for subsequent audits C. To ensure audit work is being carried out as per programme D. To provide a guide for advising another client on similar issues...
- Auditing is what?
- A. Reporting the financial information B. Examination of financial statements C. Preparation financial statements D. maintaining the ledger records...
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