menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Art & Humanities
  3. Study Set
    Financial Attest Audit Manual
  4. Exam
    Exam 1: Understanding Financial Audit and Standards for Auditors
  5. Question
    Insurance Relating to the Year 2013-14 Was Paid in 2012-13
Solved

Insurance Relating to the Year 2013-14 Was Paid in 2012-13

Question 1

Question 1

Multiple Choice

Insurance relating to the year 2013-14 was paid in 2012-13 in advance. The same was however booked as expenditure in 2012-13. This does not meet the objective of


A) Existence
B) Ownership
C) Completeness
D) Occurrence

Correct Answer:

verifed

Verified

Related Questions

Q2: The following types of financial statements are

Q3: The audit of financial statements of Government

Q4: The Primary objective of a financial audit

Q5: If the monthly accounts of some Treasuries

Q6: Financial Audit of Government Companies is conducted

Q7: The International Standards of Auditing (ISAs) have

Q8: Which of these is the correct set

Q9: Which of these standards regulate the condut

Q10: Financial (attest) audit includes:<br>i. Examination and evaluaion

Q11: Risks of financial irregularity are always material

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines