MCQs: One of the most important tools in cost planning is__________?
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MCQs: A Ltd. Has sales of 2,200, total fixed cost of 570, variable cost of 1,540, raw material consumed of ` 1,100, number of units sold 22,000. What shall be the BEP 9 in units) if raw material price is reduced by 2%?
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MCQs: Find the cost of goods sold if goods are sold for 2,000 at 25% profit on cost?
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MCQs: ____________ is a systematic examination of the books and records or a business?
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MCQs: The term ‘Audit’ is derived from a Latin word “audire” which means___________?
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MCQs: The main object of an audit is _____________?
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MCQs: An auditor is like a_______________?
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MCQs: Process of verifying the documentary evidences of transactions are known as___________?
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MCQs: Auditing is compulsory for____________?
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MCQs: Concealment of shortage by delaying the recording of cash receipts is known as_____________?
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MCQs: The fundamental objective of the audit of a company is to_____________?
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MCQs: The concept of stewardship means that a company’s directors________________?
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MCQs: Why do auditors concentrate their efforts on material items in accounts?
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MCQs: Which of the following is NOT the responsibility of a company’s directors?
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MCQs: International auditing standards are issued by the______________?
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MCQs: Which of the following is not true about opinion on financial statements?
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MCQs: When an auditor is proposed for removal from office, which one of the following is he NOT permitted to do?
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MCQs: Which one of the following is NOT a duty of the auditor?
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MCQs: Assuming that it is not the first appointment of the auditor, who is responsible for the appointment of the auditor?
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MCQs: The independent auditor’s primary responsibility is to______________?
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