Sample size will be depending on the degree of ____ risk. a) Inherit
b) Control c) Fraud
d) Sampling
b) Control c) Fraud
d) Sampling
Anonymous Quiz
13%
a
20%
b
10%
c
57%
d
If prior period Financial statement has been audited by auditor himself, Apply,
a) SA 560 Subsequent Events
b) SA 500 Audit Evidence c) SA 510 Initial Audit Engagement – Opening Balance d) All of the above
a) SA 560 Subsequent Events
b) SA 500 Audit Evidence c) SA 510 Initial Audit Engagement – Opening Balance d) All of the above
Anonymous Quiz
7%
a
22%
b
29%
c
42%
d
Which of the below mentioned indicators are classified as financial indicators that may cast doubt on going concern assumptions
a)Loss of key management without replacement.
b)In ability to pay creditors on due date c)Non compliance with laws d)None
a)Loss of key management without replacement.
b)In ability to pay creditors on due date c)Non compliance with laws d)None
Anonymous Quiz
21%
a
38%
b
24%
c
16%
d
Whichofthefollowingisnotafeatureofwrittenrepresentation
a) WR is a substitute for normal audit procedures
b) WR is a corroborative audit evidence c) Bothaandb d) Neither a nor b
a) WR is a substitute for normal audit procedures
b) WR is a corroborative audit evidence c) Bothaandb d) Neither a nor b
Anonymous Quiz
17%
a
23%
b
42%
c
17%
d
Who cannot be appointed as an internal auditor?
a) A Chartered accountant
b) Employee c) Cost accountant d) None of the above
a) A Chartered accountant
b) Employee c) Cost accountant d) None of the above
Anonymous Quiz
24%
a
44%
b
18%
c
14%
d
Modified opinion refers to ______ opinion.
a) Qualified
b) Adverse c) Disclaim d) All of the above
a) Qualified
b) Adverse c) Disclaim d) All of the above
Anonymous Quiz
24%
a
20%
b
17%
c
39%
d
When revision of the audited financial statements is necessary and management refuses to make the revision, the auditor shall _____.
a) Modify the opinion
b) Unmodified opinion c) Inform the central government d) Inform ICAI When revision of
a) Modify the opinion
b) Unmodified opinion c) Inform the central government d) Inform ICAI When revision of
Anonymous Quiz
23%
a
20%
b
23%
c
34%
d
As per SRE 2400, the practitioner must abide by the ______which has been issued by the ICAI.
a) Auditing Pronouncement
b) Code of Ethics c) Rules and responsibilities d) Accounting Principles
a) Auditing Pronouncement
b) Code of Ethics c) Rules and responsibilities d) Accounting Principles
Anonymous Quiz
26%
a
32%
b
18%
c
24%
d
Ethical principles which govern the professional responsibilities of the practitioner are ______. a) Integrity
b) Confidentiality
c) Technical Standards d) All of the above
b) Confidentiality
c) Technical Standards d) All of the above
Anonymous Quiz
11%
a
15%
b
17%
c
57%
d
Service auditor should maintain the ________ until its retention period. a) Professionalism
b) Documentation
c) Evidence d) Procedure
b) Documentation
c) Evidence d) Procedure
Anonymous Quiz
19%
a
32%
b
35%
c
15%
d
6 Months Learning Starting From Jan 2nd
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Those who are Interested To Join Can DM Me @Dr_Prof_Ash
🏮Limited Seats is 50🏮
🔖15 Members Paid🔖
So 35 Seats Left Out!!
🏮Last Day Of The Payment Is Dec 31st🏮
Keep Practising!!😊✌🏻
Telegram Group
https://t.me/JRF_NETCommerce
Telegram Channel
https://t.me/JRF_NET_Commerce
Subscribe & Join Chat!!
Signing off for the day
Keep Adding Your Friends!!
Stay Tuned For Further Quizzes!!
#StaySafe
#StudyHard
#HaveAnHappyLearning😊
#HappyNights😴
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NTA-UGC-JRF/NET Commerce
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🔹Paper-2(Commerce/Management)
🔹PHD,Vacancy Of Research Associate/Research Assistant/Assistant Professor
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Krishna Kanta Handiqui State Open University - M.Phil and Ph.D Admission Announcement 2021
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If the supplier is banking company/financial institution/NBFC, tax invoice shall be issued within ________ from the date of supply of services.
(a) 15 days
(b) 30 days (c) 45 days (d) 60 days
(a) 15 days
(b) 30 days (c) 45 days (d) 60 days
Anonymous Quiz
25%
a
32%
b
37%
c
6%
d
Who is required to furnish details of outward supplies?
(a) Normal registered supplier of supply including casual registered person (b) A non-resident taxable person
(c) A person paying tax under composition scheme (d) Input service distributor
(a) Normal registered supplier of supply including casual registered person (b) A non-resident taxable person
(c) A person paying tax under composition scheme (d) Input service distributor
Anonymous Quiz
33%
a
24%
b
29%
c
14%
d
Which of the following is not a composite supply ? (a) Supply of charger and mobile phone
(b) Supply of battery and inverter
(c) Supply of cement under works contract services (d) None of the above
(b) Supply of battery and inverter
(c) Supply of cement under works contract services (d) None of the above
Anonymous Quiz
20%
a
18%
b
43%
c
18%
d
Services by way of admission to ______________ are exempt from GST. (a) Museum
(b) National park (c) Tiger reserve (d) All of the above
(b) National park (c) Tiger reserve (d) All of the above
Anonymous Quiz
10%
a
11%
b
11%
c
68%
d
Alcoholic liquor for human consumption is subjected to (a) State excise duty
(b) Central Sales Tax / Value Added Tax
(c) Both (a) and (b) (d) GST
(b) Central Sales Tax / Value Added Tax
(c) Both (a) and (b) (d) GST
Anonymous Quiz
20%
a
15%
b
49%
c
16%
d