Who out of the following cannot be appointed as a statutory auditor of the company?

Related Mcqs:

Which of the following is NOT the responsibility of a company’s directors?

A. Reporting to the shareholders on the accuracy of the accounts B. Establishment of internal controls C. Keeping proper accounting records D. Supplying information and explanations to the auditor...

Internal check is carried on by___________?

A. Staff specially appointed for the purpose B. Internal auditor C. Supervisor of the staff D. Members of the staff...

Which of the following statement is true regarding an auditor’s working papers?

A. They document the level of independence maintained by the auditor B. They should be considered as the principle support for the auditor’s report C. They should not contain details regarding weaknesses in the internal control system D. They help the auditor to monitor the effectiveness of the audit firm’s quality control...

_______the audit risk,_______the materiality and _______the audit effort?

A. Lower, Higher, Lower B. Lower, Lower, Higher C. Higher, Lower, Lower D. Lower, Higher, Higher...

Which of the following is true about written representations?

A. They are the best source of audit evidence B. They should be used only when there is a lack of other substantive audit evidence C. They should be used only when there is other substantive audit evidence to complement it D. Shareholders receive a copy of all material written representations...