If the book value of an asset stands at . . . . . . . . per cent of the original cost, a company need not provide depreciation on it.

A. 2, 1, 3, 4, 5 B. 1, 2, 3, 4, 5 C. 5, 1, 4, 3, 2 D. 4, 1, 3, 2, 5

A. Auditing uses the theory of evidence to verify the financial information made available by accountancy B. Auditing lends credibility dimension and quality dimension to the financial statements prepared by the accountant C. Auditor should have a thorough knowledge of accounting concepts and convention to enable opinion on financial statements D. All of the above

A. Survey B. Report C. Checking D. Preparation

A. 10 B. 20 C. 30 D. 60