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Qualitative Characteristics of Accounting

Auditing exer...

Question

Auditing exercise includes:
(i) Checking of accounts
(ii) Verification of accounts
(iii) Examination of accounts

I and III

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I, II and III

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I and II

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II and II.1

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Solution

The correct option is C I, II and III
Auditing exercise includes:
* Checking of accounts
* Verification of accounts
* Examination of accounts
* Investigation of statements
* Examination of evidence

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