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SA -700
Quiz
•
Business
•
Professional Development
•
Hard
Rambabu 31
Used 1+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the UDIN (Unique Document Identification Number) system?
To generate unique identification numbers for financial documents
To prevent non CAs from forging signatures of CAs
To track the number of certificates attested by CAs
To ensure that all financial documents are signed by CAs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between an audit report and an audit certificate?
An audit report involves expression of opinion, while an audit certificate is based on factual data
An audit report is a formal statement, while an audit certificate is a written confirmation
An audit report covers limited information, while an audit certificate covers the whole financial statement
An audit report is issued by the reporting auditor, while an audit certificate is issued by the management
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the UDIN system in preventing malpractices?
To track the number of certificates attested by CAs
To generate unique identification numbers for financial documents
To prevent non CAs from forging signatures of CAs
To ensure that all financial documents are signed by CAs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the UDIN system in the context of financial documents?
It ensures that all financial documents are signed by CAs
It tracks the number of certificates attested by CAs
It generates unique identification numbers for financial documents
It prevents non CAs from forging signatures of CAs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the UDIN system in the context of financial documents?
To prevent non CAs from forging signatures of CAs
To generate unique identification numbers for financial documents
To track the number of certificates attested by CAs
To ensure that all financial documents are signed by CAs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the UDIN system in preventing malpractices?
It generates unique identification numbers for financial documents
It ensures that all financial documents are signed by CAs
It prevents non CAs from forging signatures of CAs
It tracks the number of certificates attested by CAs
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the UDIN system in tracking financial documents?
To prevent non CAs from forging signatures of CAs
To ensure that all financial documents are signed by CAs
To track the number of certificates attested by CAs
To generate unique identification numbers for financial documents
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