principls of auditng

Please put the answer code only, please answer all the questions

1.1. Financial reports are true and fair except for few areas usually refers to of epilon a) Adverse b) Disclaimer Qualified d) qualified 14. When an auditor is unable to obtain sufficient appropriate audit evidence and there is a material misstatement that is pervasive, the auditor expresses...? a) Qualified Opini b) Unqualified Opinion c) Adiverse opinion d) Disclaimer opinion Is Aruas of complexity and significant management's judgements affecting the audit strategy is covered under... a) Key audit matters b) Other reporting responsibilities 5) Basis of opinion d) Responsibilities of the management 16. When and auditor expresses an unmodified opinion, he uses the phrases a) Unable to obtain sufficient appropriate evidence b) "Not presented fairly "Materially misstated d) "Give a true and fairview 17. The date of audit report must not be a) Earfler to the end of next financial year b) Later than the date of management's approval of financial statements Earlier to the date on which evidence is obtained d) Later than the date after the finalization of the accounts Page 5 of 18 18. An unqualified report with explanatory paragraph wy bed when a) Auditor concludes the financial state Wally by The auditor is unable to reach c) The scope of audit has been restricted 4) A lack of consistent application of OMAP 19. Which of the following is not a type of weifellit A) Disclaimer of Opinion b) Unqualified opinion c) Qualified opinion d) Adverse opinion 20. In order to form the opinion, the auditor shall conclude as to whether the water obtained about whether the financial statemes a whole are free from material misstatement, whether due to fraud or error a) Reasonable assurance b) 100% assurance e) Minimum assurance d) Maximum assurance 21. Audit is independent examination of a) Financial Information b) Social Information c) Cultural Information d) Economic Information 22. Which one of the following is an objective of audit? a) Developing Standards for Financial Statements b) Creation of wealth c) Express an opinion on financial statements d) Preparation of Financial Sutements Page 7 of 15