Get App on

Play Store

Auditing Mcqs

What would most appropriately describe the risk of incorrect rejection in terms of substantive testing?

 (A)  The auditor concludes balance is materially correct when in actual fact it is not

 (B)  The auditor concludes that the balance is materially misstated when in actual fact it not

 (C)  The auditor has rejected an item for sample which was material

 (D)  None of the above

Submitted By :Ali Uppal

Share this... Share on Facebook
Facebook
 		Tweet about this on Twitter
Twitter
 		Share on LinkedIn
Linkedin
 		Share on Whatsapp
Whatsapp
  • IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG.

  • PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION.

    • Related Mcqs

  • A sensitive galvanometer gives full-scale deflection with 100 mV. If the resistance of the galvanometer is 50? the maximum current that can flow through safely is__________________?
  • In a multi range ammeter as the range increases _____________________?
  • Which one of the following is not an electromechanical instrument ?
  • When the coil of the galvanometer is in equilibrium then the deflecting couple is____________________?
  • n instrument which can measure potential without drawing any current is_____________________?

    • Leave a Reply

    Your email address will not be published. Required fields are marked *

    Submit Your Mcqs


    Management Sciences


    Engineering Subjects


    Medical Subjects


    LIKE US ON