RaviRavi Staff asked 10 months ago
1 Answers
RaviRavi Staff answered 10 months ago

90.Inherent limitation due to nature of audit procedures does not includes:
a) Judgement by management
b) Sophisticatedly designed frauds
c) Misinformation from management
d) No powers of investigation
Answer: a) Judgement by management
MCQ revised for better understanding :
Inherent limitation due to  nature of audit procedures does not include:
a)Judgement  by management
b)Sophisticatedly designed frauds
c)Incomplete information provided by the management whether intentionally or unintentionally
d)No powers of investigation with the auditor
Answer:a)Judgement by management

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