Ravi Staff asked 5 years ago
131. Select the incorrect one:
As per SA 250-
a) Noncompliance related to financial aspects
of an entity affecting the financial statements,
will always be in every case detected by
auditor.
b) Noncompliance related to operating aspects
of an entity not affecting the financial
statements, may not be detected by auditor.
Answer:- b) Noncompliance related to operating aspects of an entity not affecting the financial
statements, may not be detected by auditor.
Ravi Staff answered 5 years ago
MCQ revised for better understanding:-
Select the incorrect one:
As per SA 250-
a)Non compliance related to financial aspects of an entity affecting the financial statements ,will be easy to detect by the auditor.
b)Non compliance related to operational aspects of an entity affecting the financial statements ,will be easy to detect by the auditor.
Answer:- b)Non compliance related to operational aspects of an entity affecting the financial statements ,will be easy to detect by the auditor.