In the context of Government Accounts in India, the key feeder systems aslo include State Bank of India or any other public sector bank transacting Government Business on behalf of Reserve Bank of India

Related MCQs

• In the context of Government Accounts in India, the key feeder systems include:
• If the monthly accounts of some Treasuries or Public Works Divisions are excluded from the Accounts of a State Government, it affects this objective
• 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
• AMLE in the context of likely errors is used in this stage of audit
• The materiality thresholds depend on the ____ of accounts and their _____.
• For accounts prepared on cash basis, in respect of gross receipts/expenditure, materiality percentage would be
• Reflecting all the transactions relating to the period of the accounts without regard to the actual date of payment or receipt is also called
• Financial (attest) audit includes: i Examination and evaluaion of financial records ii Audit of financial systems and transactions iii Audit of intenal control and internal audit functions iv Evaluation of Compliance with applicable statutes and regulations
• Policies, systems and procedures established by Comptroller and Auditor General to maintain a high standard of audit activity are also called
• The process for identifying material risk factors has ____ key stages