The susceptibility of an assertion about a class of transaction, account balance or disclosure to a misstatement that could be material, either individually or when aggregated with other misstatements, before consideration of any related controls is-
Anonymous Quiz
20%
Control Risk
51%
Inherent Risk
11%
Detection Risk
17%
Audit Risk
Which of the following factors is (are) considered in determining the sample size for tests of control?
Anonymous Quiz
12%
Projected error
25%
Tolerable error
12%
Expected error
51%
Both (b) and (c)
According to SA 210 โAgreeing the Terms of Audit Engagementsโ, The auditor shall agree the terms of the audit engagement with:
Anonymous Quiz
6%
Audit committee
9%
those charged with governance
41%
management or those charged with governance, as appropriate.
44%
All of the above
_____are self-evident, and occur when auditors form relationships with the client where they end up being too sympathetic to the clientโs interests.
Anonymous Quiz
57%
Familiarity threats
22%
Self-interest threats
11%
Advocacy threats
10%
Intimidation threats
SA 220 recognises that the ____is entitled to rely on a firmโs systems in meeting its responsibilities with respect to quality control procedures.
Anonymous Quiz
50%
engagement partner
33%
engagement team
13%
CA in Practice
4%
CA in Service
Which of the following Assertion is not related to assertion about presentation and disclosure:
Anonymous Quiz
29%
Occurrence and rights and obligations
19%
Completeness
22%
Classification and understandability
31%
Valuation and allocation
What are analytical procedures?
Anonymous Quiz
15%
Substantive tests designed to assess control risk
8%
Substantive tests designed to evaluate the validity of managementโs representation letter
42%
Substantive tests designed to study relationships between financial and non-financial data
34%
All of the above
Audit evidence is necessary to support the auditorโs opinion and report. It is_____in nature and is primarily obtained from audit procedures performed during the course of the audit.
Anonymous Quiz
35%
Cumulative
15%
regressive
17%
selective
33%
objective
Audit planning commence โ
Anonymous Quiz
45%
After the completion of previous audit
8%
After the annual general meeting
14%
After the completion of financial year
32%
After the approval of management
Which of the following is eligible for appointment as auditor of company
Anonymous Quiz
17%
Any Chartered Accountant
2%
A Company whose all the directors are chartered accountants
52%
Chartered Accountant holding valid certificate of practice
29%
All of these
Which of the following is disqualified for appointment as auditor of company
Anonymous Quiz
11%
Any officer or employee of Co
6%
Any officer or employee of holding co of the Co
4%
Any officer or employee of subsidiary co of the Co
79%
All of these
Which of the following is not covered within the meaning of relative u/s 2(77) of the Co Act, 2013
Anonymous Quiz
6%
Step Father
7%
Step Mother
35%
Step Sister
52%
Step Daughter
Which of the following is covered within the meaning of relative u/s 2(77) of the Co Act, 2013
Anonymous Quiz
24%
Brotherโs wife
37%
Step brother
16%
Sisterโs husband
24%
Step daughter
Which of the following is not disqualification of companyโs auditor
Anonymous Quiz
10%
Any person who is officer or employee of the company
9%
Any person who is indebtedness to company exceeding Rs. 5,00,000
73%
Any person whose age is exceeding 65 years.
8%
convicted by court & a period of 10years has not been elapsed since the date of such conviction
Audit of private limited company is exempted from ceiling on number of audits if its
Anonymous Quiz
36%
Paid up share capital is less than Rs. 10 crore
10%
Paid up share capital is less than 20 crore
24%
Paid up share capital is less than Rs. 50 crore
30%
Paid up share capital is less than Rs. 100 crore
Forwarded from CA Study Notes (Inter, Final & Foundation)
โ๏ธ CA Inter (New) Amended EIS Charts :
๐โโBy CA Amit Tated Sir
๐ฅAll Chapters Covered in Just 30 Pages.
เฟ โโโโโโโฅโโฅโโโโโโ เฟ
๐ Chapter : 1
https://t.me/CA_Study_Notes/1056
๐ Chapter : 2
https://t.me/CA_Study_Notes/1057
๐ Chapter : 3
https://t.me/CA_Study_Notes/1058
๐ Chapter : 4
https://t.me/CA_Study_Notes/1059
๐ Chapter : 5
https://t.me/CA_Study_Notes/1060
๐Compilation Chart of All Chapters :
https://t.me/CA_Study_Notes/786
โโโโโโโ โข.โฐ.โข โโโโโโโ
โโธ โoin t.me/CA_Study_Notes
ฤฆฮPPยฅ ลลฆแปฎฤยฅ าโฌโฌP ลฤฆฮลIลGโค๏ธ
๐โโBy CA Amit Tated Sir
๐ฅAll Chapters Covered in Just 30 Pages.
เฟ โโโโโโโฅโโฅโโโโโโ เฟ
๐ Chapter : 1
https://t.me/CA_Study_Notes/1056
๐ Chapter : 2
https://t.me/CA_Study_Notes/1057
๐ Chapter : 3
https://t.me/CA_Study_Notes/1058
๐ Chapter : 4
https://t.me/CA_Study_Notes/1059
๐ Chapter : 5
https://t.me/CA_Study_Notes/1060
๐Compilation Chart of All Chapters :
https://t.me/CA_Study_Notes/786
โโโโโโโ โข.โฐ.โข โโโโโโโ
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ฤฆฮPPยฅ ลลฆแปฎฤยฅ าโฌโฌP ลฤฆฮลIลGโค๏ธ
Forwarded from CA Study Notes (Inter, Final & Foundation)
1593782796410_chapter 1.pdf
915.8 KB
๐ CA Inter (New) Amended EIS Charts For Nov2020 :
๐ Chapter : 1
๐โโBy CA Amit Tated Sir
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๐ Chapter : 1
๐โโBy CA Amit Tated Sir
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1593782797048_chapter 2.pdf
970.8 KB
๐ CA Inter (New) Amended EIS Charts For Nov2020 :
๐ Chapter : 2
๐โโBy CA Amit Tated Sir
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๐ Chapter : 2
๐โโBy CA Amit Tated Sir
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โโธ โoin CA Notes โ
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โโธ โoin CA Inter Notes โ
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Forwarded from CA Study Notes (Inter, Final & Foundation)
1593782800757_chapter 3.pdf
988.4 KB
๐ CA Inter (New) Amended EIS Charts For Nov2020 :
๐ Chapter : 3
๐โโBy CA Amit Tated Sir
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๐ Chapter : 3
๐โโBy CA Amit Tated Sir
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1593782799375_CHAPTER 4.pdf
912.4 KB
๐ CA Inter (New) Amended EIS Charts For Nov2020 :
๐ Chapter : 4
๐โโBy CA Amit Tated Sir
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๐ Chapter : 4
๐โโBy CA Amit Tated Sir
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CHAPTER 5.pdf
1.3 MB
๐ CA Inter (New) Amended EIS Charts For Nov2020 :
๐ Chapter : 5
๐โโBy CA Amit Tated Sir
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๐ Chapter : 5
๐โโBy CA Amit Tated Sir
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