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Commerce · Q458

Auditing

Graduate and Post Graduate · Commerce · question 458

Q458

With reference to techniques of auditing, which of the following statement is correct? (1) Routine checking means daily checking of books of accounts. (2) Test checking should always be applied in cash book. Select the correct answer using the option given below

A.
Only 1
B.
Only 2
C.
Both 1 and 2
D.
Neither 1 nor 2
Answer

Answer: Option D

Solution

Answer: Option D
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