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Please answer All Q 5,6,7,8 fastly Question 5 Not yet answered Marked out of 1.00 Flag question Lovely Constructions Company is a leading construction in
Please answer All Q 5,6,7,8 fastly
Question 5 Not yet answered Marked out of 1.00 Flag question Lovely Constructions Company is a leading construction in firm in the country. The "going concern status of the company will become questionable in all of the following situations EXCEPT: Failure to pay loan instalments promptly Positive financial ratios during the current financial years Weakening financial performance for the past three years Negative cash from operations for past two years Not yet answered Marked out of Ms. Suraiya the auditor of Al Zayan Furniture Company wants to check the accuracy assertion related to the materials of the company. Which one of the following will Ms. Suraiya do to check it? Check if the Zayan Furniture's cost of direct and indirect material are fully measured and recognized Check if all the direct and indirect costs of Al Zayan Furniture's products are correctly recorded and calculated without any errors Check if the cost of material recognized in the accounting records of Al Zayan Fumiture Company relates to the current accounting period Check if the cost of material recognized in the accounting records of Al Zayan Furniture Company has been incurred as a result of units produced in the company Which one of the following is established by the revised code of ethics for professional accountants that were issued by IESBA? Question 7 Not yet answered Marked out of 100 Pag question A conceptual framework for all professional accountants to ensure compliance with the fundamental principles of ethics A confirmatory structure to be adhered by the auditors in auditing the financial statements prepared by the professional accountants A comprehensive literature inclusive of non-compliance with the accounting standards issued by IASB A code of behavior for the professional accountants to satisfy the legal and regulatory requirements relevant to the profession Not yet The technique of audit evidence that analyses the significant ratios and trends for investigating unusual fluctuation and items is known as answered Marked out of 100 Flag question Computation Analytical review procedures Inspection Observation Step by Step Solution
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