CHAPTER 10 – SUBSTANTIVE PROCEDURES: CURRENT ASSETS
CAF8 Chapter 10
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Audit & Assurance Quiz offered for the ICAP CA Students.
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1. Question1 points
46) The principal audit procedure at the inventory count is?Correct
2. Question1 points
Which of the following is NOT a substantive test for the audit of inventories?Correct
3. Question1 points
Which of the following are acceptable valuation methods under IAS 2?Correct
4. Question1 points
Which of the following is NOT a substantive test for the audit of receivables?Correct
5. Question1 points
What is NOT true about bank reconciliations?Correct
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