A. Unlimited liability
B. Manufacturing
C. Banking
D. Nonprofit making
Correct Answer: Manufacturing ✔
Last Updated: July 28, 2019
Related MCQs
- The branch auditor is appointed by__________?
- The auditor has a right to__________?
- A statutory auditor has a right of access at all times to__________?
- Who out of the following cannot be appointed as a statutory auditor of the company?
- The authority to remove the first auditor before the expiry of term is with__________?
- If a casual vacancy in the office of auditor arises by his resignation it should only be filled by the company in a_________?
- The term of the auditor ship of first auditor would be from the date of appointment till________?
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- When applying analytical procedures, an auditor could develop independent estimate of an account balance to compare it to__________?
- Which of the following is not an analytical procedure?
- What are analytical procedures?
- The basic assumption underlying the use of analytical procedures is:__________?
- Which of the following statements is most closely associated with analytical procedure applied at substantive stage?
- Analytical procedures issued in the planning stage of an audit, generally?
- In determining the level of materiality for an audit, what should not be considered?
- When issuing unqualified opinion, the auditor who evaluates the audit findings should be satisfied that the__________?
- the audit risk,___the materiality and _______the audit effort?
- Which of the following statements is not correct about materiality?
- Balance sheet does not include:__________?
- Which of the following statements is not true about continuous audit?
- Balance sheet audit includes verification of__________?
- Audit in depth is synonymous for__________?
- In Pakistan, balance sheet audit is synonymous to__________?
- Audit of banks is an example of__________?
- Auditing is what?
- The current file of the auditor’s working papers, generally, should include__________?
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- Which of the following statement is true regarding an auditor’s working papers?
- Which of the following factors would least likely affect the quantity and content of an auditor’s working papers
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- Stock should be valued at_________?
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