Options:
| a) A partnership firm can be appointed as a statutory auditor of limited company b) Appointment can be made in the name of the firm c) Majority of the partners should be practicing in India d) All partners should be chartered accountants |
c) Majority of the partners should be practicing in India
Options:
| a) When it constitutes entire population b) When it is enough to provide a basis for giving reasonable assurance regarding truthfulness c) When it is objective and relevant d) When auditor collects and evaluates it independently |
b) When it is enough to provide a basis for giving reasonable assurance regarding truthfulness
Options:
| a) Tracing of purchases recurred in the purchase book to purchase invoices. b) Comparing aggregate wages paid to number of employees c) Comparing the actual costs with standard costs d) All of them are analytical procedure |
a) Tracing of purchases recurred in the purchase book to purchase invoices.
Options:
| a) It is conducted at regular interval b) It may be carried out on daily basis c) It is needed when the organization has a good internal control system d) It is expensive |
c) It is needed when the organization has a good internal control system
Options:
| a) engage experts b) obtain knowledge of matters that relate to the nature of entity’s business c) inform management about it d) take help of other auditors |
b) obtain knowledge of matters that relate to the nature of entity’s business
Options:
| a) limitations of auditing b) responsibilities of management with respect to audit work c) expectation of receiving a written management representation letter. d) a description of the auditor’s method of sample selection. |
d) a description of the auditor’s method of sample selection.
Options:
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c. issued in an amount not to exceed the amount of the loan
Options:
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c. the renewal premium is calculated on the basis of the insured’s attained age
Options:
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a. Face amount plus the policy’s cash value
Options:
| A. To make products easily visible and available B. To promote sales of products C. To differentiate their products from those of competitors D. To do marketing surveys |
C. To differentiate their products from those of competitors
Options:
| A. The percentage of the target audience exposed to a message B. All possible exposures to a given medium at a given time C. Both a and b above D. The standard for a communication message to have an impact on the consumer |
B. All possible exposures to a given medium at a given time
Options:
| A. It is essential for brand survival B. Some brands have such a high awareness that those are perceived by customers to be in categories where they are not present. C. Cost-cutting is possible by advertising products with the same brand name D. All of the given options |
D. All of the given options