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Credibilty of internal control is described through
- vendor
- external auditors
- banker
- Internal auditirs
- N/A
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Answer: D Explanation: -
Audit should be fair in representation or misleading
- fair
- Misleading
- overstating
- None of These
- N/A
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Answer: A Explanation: -
Going concern is assumption that bussiness will work on long run baisis
- yes
- no
- all
- None of These
- N/A
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Answer: A Explanation: -
Using cost rather than current value is the basis of definite factual
- baisis
- hypothesis
- not at all
- yes
- N/A
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Answer: A Explanation: