Who is responsible for the appointment of statutory auditor of a limited company ?

Related Mcqs:

Audit risk is composed of 3 factors. Which of the following is NOT one of those factors?

A. Compliance risk B. Detection risk C. Control risk D. Inherent risk...

Audit in depth is synonymous for____________?

A. Complete audit B. Completed audit C. Final audit D. Detailed audit...

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...

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....

To test whether sales have been recorded, the auditor should draw a sample from a file of__________?

A. purchase orders B. sales orders C. sales invoices D. bill of loading...