A favourable variance in materials cost indicates that: MCQ with Answer and Explanation
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Question #1
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An auditor's primary responsibility is to:
Correct Answer: Option B
Explanation:
Auditor examines the financial statements and provides an opinion whether they give a true and fair view.
Auditor examines the financial statements and provides an opinion whether they give a true and fair view.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #2
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The 'Data Analytics' in audit is used to:
Correct Answer: Option C
Explanation:
Data analytics enhances audit quality by enabling deeper insights.
Data analytics enhances audit quality by enabling deeper insights.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #3
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Social Accounting is also known as:
Correct Answer: Option C
Explanation:
Social accounting encompasses reporting on social, environmental, and ethical impacts, often termed social responsibility accounting, environmental accounting, or green accounting.
Social accounting encompasses reporting on social, environmental, and ethical impacts, often termed social responsibility accounting, environmental accounting, or green accounting.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
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