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34 You are required to choose from the following, the type of Directors work in a company on a part time basis and their remuneration

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34 You are required to choose from the following, the type of Directors work in a company on a part time basis and their remuneration is not based on their performance. out of a. None of the options b. Non-Executive Directors O c. Both Executive Directors and Non-Executive Directors O d. Executive Directors 35 The management of your audit client has offered to give you an oral representation confirming the completeness of bank balances and overdraft amounts in the financial statements. Which of the following statements is true? ut of O a. This evidence is neither relevant nor reliable b. This evidence is relevant, but not very reliable O c. This evidence is both relevant and reliable O d. This evidence is not relevant, but is reliable 36 Which one of the following phases of audit, the methodology is determined and audit objectives are defined? ut of O a. Fieldwork O b. Reporting O c. All the options d. Planning n 37 Removal of the auditor can usually be achieved by a simple majority at a general meeting of the company. You are required to choose from the following situation's where auditors are removed by the client. ed out of n O a. Non-performance of his duty b. All the given options c. Involve in fraud by the auditor O d. Non-cooperation by auditor 38 Which of the following is not a threat to objectivity for professional accountants. d out of O a. Self review threat O b. Management threat O c. Intimidation threat O d. Self-interest threat

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