Multiple Choice Questions on The auditor is most likely to examine related party transactions very carefully while vouching ........ for Punjab Government (Allied) Exams Preparation

Back to Main Page

Multiple Choice Questions

The auditor is most likely to examine related party transactions very carefully while vouching ........

Auditing Vouching and verification
    Download Solution PDF

    The auditor is most likely to examine related party transactions very carefully while vouching

     

    Credit sales

    Incorrect Answer

     Sales returns

    Incorrect Answer

    Credit purchases

    Correct Answer

    Cash purchases

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Vouching and verification
    Prepare through Micro-courses
    Try Now
    Explanation:

    Credit purchases

     When the auditor is vouching the credit purchases, he ensures that the goods are purchased at the normal purchase price, in accordence to the market

    By: Parvesh Mehta
    ProfileResources

    Let's Discuss

    Master
    Vouching and verification
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free