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Q.1) Attempt any FIVE.

( each queation carries equal marks, 4 marks each) 20

a) What is Financial statements ? Explain the type of Financial Statement?

b) Distinguish between auditing and accounting?

c) Explain the meaning , reason, and circumstances of froud and error?

d) Explain the meaning, advantages and dis advantages of interim audit?

e) Explain the meaning and objective , of audit planning?

f) Explain the sources of obtaining information?

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