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Q. Which of the following is a revenue reserve?

Q. If any director is disqualified from being appointed under section 274(1) (g), the auditor should mention this fact in his audit report. For this purpose, how does he determine their eligibility :

Q. For vouching of which item, the auditor is most likely to examine cost records

Q. A good audit report must at least meet one of the following qualifications:

Q. Present value of net cash inflows Rs. 37, 304; Initial capital outlay Rs. 32,000. Excess present value profitability index is:

Q. In order to vouch bought ledger, the auditor obtain confirmations from creditors. The principal reason for the auditor to examine suppliers statements at balance sheet date is to obtain evidence that

Q. Which of the following statements with regard to rules regarding exemption from branch audit is not true?

Q. Which of the following statements is not correct regarding removal of first auditor before expiry of the term?

Q. Which of the following is not an advantage of the preparation of working paper?

Q. Which of the following is not a revenue expense?