Multiple Choice Questions on The important principle that the public auditor to bring out in their reports is ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

The important principle that the public auditor to bring out in their reports is ........

Finance (Phase -I & II) Alternate sources of finance
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    The important principle that the public auditor to bring out in their reports is -

    what has been achieved rather than how it was achieved by the private partner
     

    Incorrect Answer

    the review of end results rather than the ‘how’ of achieving them
     

    Incorrect Answer

    the auditing do not focus only on technical issues at the risk of neglecting the social and economical effects of PPPs
     

    Incorrect Answer

    All of the above

    Correct Answer
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    Explanation:

    The principle of objectivity requires the auditor to apply professional judgement and scepticism in order to ensure that all reports are factually correct and that findings or conclusions are presented in a relevant and balanced manner.

    The principle of timeliness implies preparing the report in due time.

    By: Yachna
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