Auditors are meant to check whether the accounts have been maintained fairly and are error free. There should be no misrepresentation of accounts and a true and fair picture must emerge from the financial reports. The accounting must follow the standards as laid down by the regulating authorities and should also be in conformance with the law of the land. Auditors advise the organizations on ways and means to improve internal processes and manage risks.
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This online aptitude test may contain MCQ's(Multiple Choice Questions), MAQ's(Multiple Answer Questions), Fill in the Blanks, Descriptive, Whiteboard Questions, Audio / Video Questions, LogicBox( AI-based essay evaluation), Job-based Simulations, True or False Questions, etc.
In case of audit of statutory report, an auditor is expected to give his report on the ____.
Consider the below graph:
If the average profit made on each PC sold by Quick PC was $62, what was the total profit over the four months for Quick PC?