21. The verification of the authority and authenticity of transaction recorded in the books of accounts is called
22. Management audit is
23. Which of the following financial statements assertions are addressed by testing the cut off for plant asset addition?
24. Internal audit is done:
25. An enquiry regarding the value, ownership title, existence and possession of an asset is called
26. The client changed method of depreciation from straight line to written down value method. This has been disclosed as a note to the financial statements. It has an immaterial effect on the current financial statements. It is expected, however, that the change will have a significant effect on future periods. Which of the following option should the auditor express?
27. An auditor is held liable under C.A. Act 1949 for:
28. The comptroller and auditor general of India is appointed by the President of India
29. The principal auditor, as per clarification issued by the ICAI, does not have any right to:
30. Stock should be valued at:
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