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Question

The scope of interim audit falls within the purview of __________.

A
Final audit
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B
Partial audit
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C
Efficiency audit
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D
Internal control
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Solution

The correct option is A Final audit
Interim Audit is normally conducted during the financial year so that the audit work can be minimized at the end of the financial year. Routine activities are checked and verified during the accounting year only. Final audit is done once the financial year ends.
The scope of interim audit is within the preview of final audit only.


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