RaviRavi Staff asked 7 months 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
RaviRavi Staff answered 7 months 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

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