Ravi Staff asked 5 years ago
20. Inherent limitation due to Time & Cost v/s benefit
does not includes:
a) Expectations of Users to get information in
time
b) Sophisticatedly Designed Frauds are difficult
to detect
c) limited audit fees of assignment
d) none of the above
Answer:- b) Sophisticatedly Designed Frauds are difficult
to detect
1 Answers
Ravi Staff answered 5 years ago
MCQ revised for better understanding:-
Inherent limitation due to Time & Cost constraints does not include:
a)Expectations of Users to get information in time
b)Sophisticatedly Designed Frauds are difficult to detect
c)limited audit fees of assignment
d)none of the above
Answer:- b)Sophisticatedly Designed Frauds are difficult to detect