Auditing MCQs and Notes
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Q 361. Gross National income is always more than Net National income because it includes:
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Q 362. Present value of net cash inflows Rs. 37, 304; Initial capital outlay Rs. 32,000. Excess present value profitability index is:
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Q 363. Tracing selected shipments to the sales journal to be sure that each one is included is a test of which of the following?
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Q 364. Which of the following factors would least likely affect the quantity and content of an auditor’s working papers
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Q 365. Quick assets include which of the following?
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