1).The objective of an audit of financial
statements is to enable an auditor to
on financial statements
AL
(a) Completeion-of an audit
(b) Express on opinion
(c) Check the transaction
(d) Check frauds
2). In comparison to the independent
auditors, an internal auditor is more likely to be
concerned with:
(a) Cost accounting system
(b) Internal control system
(c) Legal compliance
(d) Accounting system
3.) Under which head will income from
letting on hire of machinery etc. will be taxed if
the same is not chargeable under the head
'Profits and gains of Business and Profession?
(a) Income from Other Sources
(b) Salaries
(c) Capital Gains
(d) Income from House Property
Answers
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Answer:
- a 2.b 3. d
Explanation:
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