4."Nothing has come to over attention" is an element of:

Single choice.

 

Positive assurance report

Moderate assurance report

Reasonable assurance report

All of above 

5.All educational institutes in Pakistan are working under guidelines of HEC. This is an example ofSingle choice

 

Compliance audit

External audit

Operational Audit

Investigative audit

6.Which statement is not correct for statutory audit?Single choice.

 

The auditor has independence in status and in mental attitude

The auditor is liable for negligence only under the Common Law

The law determine the scope of work

The statute dictates the powers, rights and duties of an auditor

Answer rating: 100% (QA)

A All of the above The reason is that an auditor based on statutory guidelines provided for the auditor concludes the audit report with an opinion tha... View the full answer