- Control Environment Level
- Financial Statement assertion level
- Fraud Risk Factor Level
- Overall financial statement error.
- b
- Internal Audit System
- Continuous Audit
- Internal Check System
- None of these
- b
-
Concurrent Audit is a systematic and timely verification of financial transaction on daily basis to mitigate the errors.
- Substantial increase in sale
- Management incentive based on sale done in a quarter
- Improved Internal Control System
- Frequent Changes in Supply
- b
- Detection and Prevention of Errors & Frauds
- Expression of Opinion
- Both A & B
- Depends on the type of the Audit
- d
- Internal Accounting Standards adopted in Pakistan.
- Companies Ordinance 1984
- Both A & B
- None of these
- c
- Liabilities + Asset = Capital
- Capital + Liabilities = Asset
- Asset + Capital = Liabilities
- None of these
- b
- Written down value
- Depreciation
- Residual Value
- Expired Value
- c
- Cash book and Bank Book
- Trial Balance
- Ledger Balance
- None of these
- b