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Question 4 Not yet answered Marked out of 1.00 p Flag question The audit in which the audit work is carried throughout the period to
Question 4 Not yet answered Marked out of 1.00 p Flag question The audit in which the audit work is carried throughout the period to facilitate the detailed examination of financial accounts of the company is called; a. Balance sheet Audit . b. Periodical Audit c. Performance audit d. Continuous audit Question 5 Not yet answered Marked out of 1.00 Flag question The ledger balance of Purchase Account OMR 145,000 was wrongly transferred to the Trial Balance as OMR 125,000. Which one of the following statement/document will be affected due to this error? a. Stores Ledger b. Trial Balance c. Both Trial Balance and Profit and Loss c Account d. Profit and Loss Account Question 6 Not yet answered Marked out of 1.00 p Flag question A mistake of OMR 545 in totaling Purchase Account was got balanced with another mistake in an account. This error is known as: a. Principle b. Commission C. Compensation d. Duplication
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