Smart Consultancy Services, a leading IT company in the country prepared the financial statements for the year 2020. You are appointed as the auditor. According to you the 'going concern' status of the company will become questionable in all of the following situations EXCEPT: Negative cash from operations for past two years 2019 and 2020 Positive financial ratios during the current financial year 2020 Weakening financial performance for the past three years 2018, 2019 and 2020 Failure to pay loan instalments promptly during the year 2020 Mr. Zafir is the accountant of Health Care Pharmacy Company. According to the 'Integrity' principle of fundamental ethics; the Mr. Zafir should: Act diligently and in accordance with applicable technical and professional standards Comply with relevant laws and regulations Maintain professional knowledge and skill Be straightforward and honest in all professional and business relationships Deficiency in design will lead to which one of the following? Achievement of control objectives Determination of control objectives Monitoring of control objectives Nonachievement of control objectives Your friend Ms. Warda has started a Hardware Shop in the year 2020 in a building owned by you. As a tenant you entered into an agreement with her including the deta of period of occupancy, monthly rental, costs of maintenance, etc. CST Audit and Assurance Services, the auditors of the Hardware Shop for the year 2020 started auditi the financial statements for the year 2020 and felt that the expenses relevant to rental charges appeared to be inflated. The audit procedure that will be appropriate to verify this will be: Recalculation Inspection Which of th Re-performance Observation das 'Control over controls