Physics Mcqs


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  • If the book value of an asset stands at________per cent of the original cost, a company need not provide depreciation on it.
  • To test whether sales have been recorded, the auditor should draw a sample from a file of__________?
  • Which of the following documents is not relevant for vouching cash sales?
  • The client changed method of depreciation from straight line to written down value method. This has been disclosed as a note to the financial statements. It has an immaterial effect on the current financial statements. It is expected, however, that the change will have a significant effect on future periods. Which of the following option should the auditor express?
  • Which of the following is true about explanatory notes?

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