When are the financial statements not said to be window dressed?

a.

When the financial statements show a fair view of the entity only

b.

None of the options

c.

When the financial statements show true view of the entity only

d.

When the financial statements show true and fair view of the entity

_is the process(s) which is usually carried out by internal employees of an entity. a. External Auditing b. Book-keeping only c. Accounting only O d. Both Book-keeping and accounting 26. Identify the people who are outside the company, need auditing information for decision making. a. Owners b. Employees C. Investors d. Management 12. From the options given below, identify an entity for which auditing is compulsory? a. Sole proprietorship b. All the options C. Small size entity d. NGOs