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solve 31-32-33-34

Queron 31 Not anwered Marked out of 100 In obtaining audit evidence to support the financial statement assertions, the auditor develops specific audit objectives relating to each assertions. The disclosure objective is related to which of the following assertion? Presentation and disclosure assertion Flag question Valuation assertion Presentation and disclosure assertion Existence and occurrence assertion Understandability assertion 32 Decon 32 Not yet Antwered Marked out of 1.00 Mr. Khalid is the auditor of Gulf Shipping Corporation for the year 2020. In the section 'Auditor's Responsibilities for the Audit of the Financial Statements in the audit report, he will be including all of the following in the section 'EXCEPT: Flag question The address of auditor along with the name of city The financial statements, including the disclosures, give a true and fair view Evaluate the overall presentation, structure and content of the financial statements Sufficient appropriate audit evidence has been obtained 33 Oto 33 Not yet answered 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 . Marked out of 100 Flag question Failure to pay loan instalments promptly Negative cash from operations for past two years Positive financial ratios during the current financial years Weakening financial performance for the past three years Duration 34 Not yet If the amount of the misstatement is "highly material" the extent to which the exception affects different elements of the financial statements must be considered. This concept is called Med out of 1.00 Flag question Financial analysis Ratio analysis Materiality Pervasiveness