Outstanding expenses should be verified with the help of –

Related MCQs

• Which of the following expenses should not be treated as capital expenditure?
• The auditor should state the reasons for his reservations in audit report and should try to quantify the effect on them. This should be done in case he has expressed _ i) A qualified opinion ii) an unqualified opinion with emphasis of matter paragraph iii) An adverse opinion IV) a disclaimer of opinion
• Payment for wage should be vouched with the help of
• Payment for building purchased should be vouched with the help of
• Purchase returns should be vouched with the help of
• Receipts from sale of investments should be vouched with the help of
• Shares issued for consideration other than cash should be vouched with help of –
• Shares issued for consideration other than cash should be vouched with help of –
• In order to vouch, which of the expenses, the auditor will examine Bill of Entry?
• While vouching wages, auditor should examine whether there is proper segregation of duties. Which of the following activities should not be done by same department?