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Q3 are required to maintain an attitude of professional skepticism throughout the audit. a. All the options b. Accountants C. Managers d. Auditors 10:50 Q2
Q3 are required to maintain an attitude of professional skepticism throughout the audit. a. All the options b. Accountants C. Managers d. Auditors 10:50 Q2 From the options given below identify which one of the statements shows the meaning of the term Evaluation. a. None of the options b. Proper communication of information by considering the judgment C. It denotes to trustworthiness and satisfaction of information d. It is a procedure of verification of accounting transactions 10:50 ve Q1 The auditor must gain sufficient knowledge about the internal control system of his client to prepare his audit plan, Identify the option which is not the limitation of internal control system? a. Misunderstandings may not hinder internal controls b. Misuse by a person of authority who is operating on internal control system. C. Manipulation of management may defeat the purpose of internal control system d. Irregular transactions may be overlooked. 10:50
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