Payment for wage should be vouched with the help of

Related MCQs

• 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 –
• 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
• Outstanding expenses should be verified with the help of –
• 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?
• Which of the following would prevent double payment of the same voucher?
• Knowledge of the entity’s business does not help the auditor to