Question
1. For farming, the latest climate fix isn’t
especially high tech or glossy. 2. By spreading rock dust over large swatches of land, carbon dioxide could be trapped from the atmosphere. 3. If this technique were to be employed around the world, scientists estimate two billion tons of carbon dioxide could be removed from the atmosphere each year. In the following question, three sentences are given, revolving around the same theme or idea. Decide which of the sentences are grammatically and meaningfully correct and mark the answer accordingly.ÂSolution
All 1, 2 and 3 are grammatically correct and free of error, which makes E the right answer.Â
Which of the following is a primary objective of auditing?
A sale of Rs. 25,000 to A was entered as a sale to B. This is an example of _
Which of the following best describes analytical procedures as per SA 520?
Client has breached debt covenants; lender issued waiver valid for 9 months after balance sheet date. Auditor notes liquidity support from group company...
Process of verifying the documentary evidences of transactions are known as:
An auditor finds material misstatements due to fraud but the management refuses to take corrective action. What should be the auditor’s next step?
An auditor notices that a bank’s internal controls over loan approvals are weak, but substantive testing of balances shows no material misstatements. ...
________ the audit risks _________ the materiality and _______ the audit effort
Which of the following constitutes the most reliable audit evidence?
Late-year reinsurance treaties significantly reduce reported loss ratio. Which step is most relevant to fraud risk of “window dressing”?
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