M/s GAME & Co., a firm of Chartered Accountants, recently launched its official website "Game-ca.com". The website featured bright neon colours,…

M/s GAME & Co., a firm of Chartered Accountants, recently launched its official website "Game-ca.com". The website featured bright neon colours, details of the partners, and listed some major clients with the fees charged. The website also used a "push" technology, where updates were automatically sent to subscribers without them requesting it. Around the same time, Mr. Shiv, a partner in the firm, appeared on a business channel TV interview and handed over a bio-data of the firm to the interviewer. The bio-data contained details of: The firm's international affiliations. Personal achievements and awards of Mr. Shiv as a tax expert. Notable clients handled by the firm. Later, another partner, Mr. Balveer, published a congratulatory advertisement in a leading newspaper with his photograph on the occasion of opening a new branch office. Further, M/s GAME & Co. was appointed as the statutory auditor of RST Ltd., a company covered under CARO 2020. While reporting under Paragraph 3 of CARO 2020 relating to property, plant and equipment, inventory, statutory dues, and borrowings, the audit team relied on system-generated MIS reports from the company's ERP system, and management representations confirming the accuracy and completeness of such information. The audit team did not carry out independent verification of underlying records or evaluate the effectiveness of internal controls, on the assumption that consistency between MIS reports and management representations provides sufficient audit evidence. Based on the above facts, answer the following MCQs: