CHAPTER 12 – RELATED PARTY TRANSACTIONS

CAF8 Chapter 12

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Audit & Assurance Quiz offered for the ICAP CA Students.

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  1. Question 1 of 3
    1. Question
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    55) An example of external business risk is:

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  2. Question 2 of 3
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    Which of the following statements about the audit of related parties is correct?

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  3. Question 3 of 3
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    58) Which of the following statements are correct?

    A focus of audit attention with regard to related party transactions should be on significant nonroutine
    transactions.

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