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Audit Quiz (Materiality, Auditor, Concern)

Which of the following is not true about continuous audit?

Which of the following is not a fact of EPA?

The Delhi Government had constructed six bungalows for its ministers. They are lying unoccupied for last three years. This would be a matter of concern for

Financial auditor is not concerned with propriety of business transactions. However, the exceptions to this rule are contained for audit of limited companies

Balance sheet does not include the following

Which of the following statements is not correct about materiality?

______ the audit risk, ______ the materiality and ____ the audit effort

When issuing unqualified opinion, the auditor who evaluates the audit findings should be satisfied that the

In determining the level of materiality for an audit, what should not be considered?

Analytical procedures issued in the planning stage of an audit, generally

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