Internal check is meant for . . . . . . . .
A. prevention of frauds
B. detection of frauds
C. helping audit is depth
D. detection of errors
Answer: Option A
A. prevention of frauds
B. detection of frauds
C. helping audit is depth
D. detection of errors
Answer: Option A
A. 2, 1, 3, 4, 5
B. 1, 2, 3, 4, 5
C. 5, 1, 4, 3, 2
D. 4, 1, 3, 2, 5
Auditing and accounting are concerned with which of the following financial statements?
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
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