Question

9) Balance sheet audit is useful if the concern is
a) Weak internal check b) No internal check c) Small one d) Big one
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Answer 1

YOUR ANSWER IS :

• NO INTERNAL CHECK

I HOPE THIS WILL HELP U....

Answer 2

Answer:

A balance sheet audit is useful if the concern is a small one.

Explanation:

A balance sheet as the name suggests balances the profits, losses, and expenses of a business a sheet. The one who deals with the balance sheet needs to follow proper rules as per the accounting standards. He needs to check every item of item to ensure that every single rupee is accounted for. Hence, a balance sheet audit is useful if the concern is a small one.