Professional skepticism is an essential mindset for auditors. It involves maintaining a questioning and critical attitude when assessing audit evidence. Auditors with professional skepticism are not easily swayed by management assertions or documents, but instead seek to obtain sufficient and appropriate evidence to support their conclusions. This attitude helps auditors to objectively evaluate the reliability and integrity of financial information, identify potential misstatements or fraud, and ensure the overall quality and credibility of the audit process.
Mishti bought 20 kg apples for Rs 60 per kg, b kg apples for Rs 70 per kg and (b + 6) kg apples for Rs 50 per kg. She mixed all type of apples together ...
The average number of books on history, polity and geography in a library is 110, and the average number of books on history and geography is 120. If th...
In a school with 400 students, the average of the age of the boys is 16 years and that of the girls is 12 years. If the average age of the school is 14 ...
The average age of A, B & C is 48 years. Ratio of present ages of A to C is 3:5 and present age of B is 33.33% more than that of A. find the difference...
A batsman scores 87 runs in the 21st match of his career. His average runs per match increases by 2. What was his average before the 21st match.
The average of 10 observations is 60. It was realized later that an observation was misread as 39 in place of 93. The correct average is:
A number is such that when it is multiplied by 3, it gives another number which is as much above from 240 as the original number (itself) is below 240. ...
The average of n numbers is 62. If each of 55% of the numbers is increased by 18 and each of the remaining numbers is decreased by 12, then the n...
Average weight of a team of 8 persons is 50 kg. When one more person joins the team, the average weight of the team increases by 7 kg. Find the weight o...
In an Aerobic class, the average age of all the members was 54.5 years, 11 members left the class and 7 new members joined. If the average age increase...