The following types of financial statements are audited in respect of Union, State and UT Governments
i. Finance Accounts
ii. Appropriation Accounts
iii. Balance Sheet
iv. Statements of Expenditure
A) (i) & (ii) only
B) (i) to (iii) only
C) (i) & (iii) only
D) All of the above
Correct Answer:
Verified
Q2: Financial (attest) audit includes:
i. Examination and evaluaion
Q3: Financial (attest) audit includes an evaluation of
Q4: Transaction audit essentially seeks to address the
Q5: Transaction audit is linked to a specific
Q6: Risks of financial irregularity are always material
Q8: Financial Audit of Government Companies is conducted
Q9: The audit of financial statements of Government
Q10: Financial Audit of Autonomous Bodies receiving financial
Q11: The International Standards of Auditing (ISAs) have
Q12: The Auditing Standards of the C&AG of
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