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by CA Ravi Taori

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State whether True or False : Emphasis of matter para is a substitute for: 1. Qualified, Adverse or Disclaimer of Opinion or, 2. Disclosure to be made by management in financial statement.
Anonymous Quiz
26%
a) True
74%
b) False
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Identify, which from the following risk is not the
component of risk of material misstatement:
Anonymous Quiz
62%
Sampling Risk
7%
Control Risk
15%
Inherent Risk
16%
None of the above
Identify the type of risk:
Risk that internal control will not be able to
prevent, detect and correct material misstatement
Anonymous Quiz
9%
Sampling risk
44%
Control risk
35%
Inherent risk
12%
Detection risk
Crazy Way to Remember All SAs !!!!!!.pdf
182.4 KB
Uploading Youtube Video in Some Time Enjoy !!!
Identify the type of risk:
Chances that conclusion obtained from
auditing the selected part of the population will differ from the conclusion obtained from auditing the entire population due to incorrect selections from population.
Anonymous Quiz
84%
Sampling risk
4%
Control risk
5%
Inherent risk
6%
Detection risk
Channel photo removed
Choose the correct one:
Determining Key Audit Matter involves?
1. Making List of matters communicated to TCWG 2. Identify matters which need significant auditor's attention 3. Identification of item of most significance 4. Correct period item
Anonymous Quiz
17%
a) 1
18%
3 & 4
20%
1,2 & 4
45%
1,2,3 & 4