Question
At the centre of a circle of 20 cm radius, the angle
made by an arc of 24(4/9) cm length isSolution
Here, radius r = 20 cm, arc length s = 24(4/9) cm = 220/9 s = rθ ⇒ θ = 220/(9 × 20) ⇒ θ = 11/9 rad => 11/9 × 180/π = 220/3.14 => 70°
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”?
