ADVANCED AUDITI & ASSURANCE P-7 [CITY CAMPUS] [MORNING]

MID TERM EXAM ON LINE MARCH -11,2021 TIME 1.00 TO 3.00 PM

CLASS ID 10656
INSTRUCTOR MUSHTAQ AHMED MADRASWALA

INSTRUCTIONS:
Paper is divided in two portion A) MULTIPLE CHOICE QUESTIONS 11 MARKS
B) SUBJECTIVE 09 MARKS

SUBJECTIVE PORTION
QUESTIO DESCRIPTION MARKS
N
S-1 Role and responsibilities of audit committee towards Annual Audit Cycle 01
S-2 What are the three stages of Money Laundering? 01
S-3 Name four exceptions to the duty of confidentiality in which voluntary disclosure 02
may be made
S-4 Name the General Treats to Independence 02
S-5 List down the names of statements an external auditor give for shareholders of a
listed company. 01
S-6 List down the Major responsibilities of Auditors and Management 02