Description : The committee on subordinate legislation deals with – (1) Delegated legislation (2) Financial legislation (3) Municipal legislation (4) State legislation
Last Answer : (1) Delegated legislation Explanation: The Committee on Subordinate Legislation of Lok Sabha consists of 15 members nominated by the Speaker. A Minister is not nominated to this Committee. The ... by Parliament are being properly exercised by the executive within the scope of such delegation.
Description : To whom does the Public Accounts Committee submit its report? -General Knowledge
Last Answer : The answer is 'The Speaker of the Lok Sabha'
Description : To whom does the Public Accounts Committee submit its report? -Do You Know?
Last Answer : answer:
Description : When did Hanumantha Rao submit the committee report ?
Last Answer : Hanumantha Rao Committee submitted its report on 3rd April , 1998 .
Description : Where does an auditor of a cooperative society submit the audit report ? (A) To the managing committee of the society only (B) To the Registrar of Cooperative Societies of the State concerned only (C ... (D) To the Registrar of Cooperative Societies of the State concerned and a copy to the society
Last Answer : Answer: To the Registrar of Cooperative Societies of the State concerned only
Description : The Parliamentary Committee which scrutinises the report of the Comptroller and Auditor General of India is – (1) Estimates Committee (2) Select Committee (3) Public Accounts Committee (4) None of these
Last Answer : (3) Public Accounts Committee Explanation: The Public Accounts Committee (PAC) is a committee of selected members of Parliament, constituted by the Parliament of India, for the auditing of the expenditure ... the course of investigation. None of the 22 members shall be a minister in the government.
Description : Which one of the following Committes Report recommended the establishment of the Institutions of Lokpal and Lokayukta? (1) First Administrative Reforms Committee (2) Gorwala Report (3) Ashok Mehta Commitee (4) The Appleby Reports
Last Answer : (1) First Administrative Reforms Committee Explanation: The 1st Administrative Reforms Commission of India (1966-1970), headed by Morarji Desai, recommended the setting up of Lokpal' ... of Ombudsman in Scandinavian countries and the parliamentary commissioner for investigation in New Zealand.
Description : The committee which examines the audit report of comptroller and auditor general of India, is
Last Answer : Public Accounts Committee
Description : To whom does the Public Accounts Committee submit its report?
Last Answer : The Speaker of the Lok Sabha
Description : .If specific information comes to an auditor's attention that implies the existence of possible illegal acts that could have a material, but indirect effect on-the financial statements, the auditor ... d. Discuss the evidence with the client's audit committee, or others with equivalent authority.
Last Answer : Apply audit procedures specifically directed to ascertaining whether an illegal act has occurred
Description : Which of the following is correct concerning requirements about auditor's communications about fraud? a. Fraud that involves senior management should be reported directly to the audit committee ... . The auditor has no responsibility to disclose fraud outside the entity under any circumstances
Last Answer : Fraud that involves senior management should be reported directly to the audit committee regardless of the amounts involved
Description : To emphasize auditor independence from management, many corporations follow the practice of a. Appointing a partner of the CPA firm conducting the examination to the corporation's audit committee. b ... the independent auditor report to an audit committee of outside members of the board of directors
Last Answer : Having the independent auditor report to an audit committee of outside members of the board of directors
Description : Which of the following is one of the functions of Quality Review Committee: a. To promulgate accounting and auditing standards that will be generally accepted in the Philippines. ... accountancy. d. To evaluate periodically the performance of educational institutions offering accountancy education.
Last Answer : To conduct a review on applicants for registration to practice public accountancy and render a report which shall be attached to the application for registration.
Description : .Its function is to conduct a quality review on applicants for registration to practice public accountancy and render a report which shall be attached to the application for registration. a. Quality Review Board b. Quality Review Group c. Board of Quality Reviewers d. Quality Review Committee
Last Answer : Quality Review Committee
Description : An operational audit differs in many ways from an audit of financial statements. Which of the following is the best example of these differences? a. Operation audits do not ordinarily ... audit deals with operating profit while financial audit considers both the operating and net profits.
Last Answer : The boundaries of an operation audit are often drawn from anorganization chart and are not limited to a single accounting period
Description : Operational audit differs in many ways from an audit of financial statements. Which of the following is the best example of one of these differences? a. The usual audit of the financial statement ... audit are often drawn from an organization chart and are not limited to a single accounting period.
Last Answer : The boundaries of an operational audit are often drawn from an organization chart and are not limited to a single accounting period.