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Q. The auditor should state the reasons for his reservations in audit report and should try to quantify the effect on them. This should be done in case he has expressed:

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

Q. The authority to remove the first auditor before the expiry of term is with_

Q. Which of the following affects audit effectiveness?

Q. Debtors are valued at ________________

Q. For the purpose of keeping effective control in the cash system, who should have no access to the cash or the preparation of the paying-in slip:

Q. Control risk is assessed at

Q. Which of the following would give the assurance that debtors mentioned on the date of balance sheet actually exist?

Q. The first auditor or auditors are appointed by :

Q. The board of directors shall appoint first auditor of a company