Multiple Choice
If some item of revenue expenditure is misclassified as capital expenditure, it can be said that this objective is not met
A) Existence
B) Disclosure
C) Completeness
D) Occurrence
Correct Answer:
Verified
Correct Answer:
Verified
Q15: The Auditing Standards of the C&AG of
Q16: The general audit objectives are also called<br>A)Opinions<br>B)Assertions<br>C)Criteria<br>D)None
Q17: A financial audit is intended to give<br>A)Qualified
Q18: Financial (attest) audit is primarily concerned with
Q19: This financial audit objective directly tests for
Q20: Materiality is classified by<br>A)Context<br>B)Nature<br>C)Value<br>D)All of these
Q21: The legal right to sue and recover
Q22: Transaction audit essentially seeks to address the
Q23: Financial Audit of Autonomous Bodies receiving financial
Q24: Which of these is the correct set