Auditing questions with answers
116 multiple-choice questions. Open any question for its answer and explanation.
- The auditor gives in his report his
- Interim audit refers to:
- To whom special audit report is addressed?
- The beneficiary(s) of audit report is/are 1. Creditor 2. Income tax authority 3. Director 4. Government Select the correct answer:
- An analysis of fixed assets account has revealed possibility of unrecorded sale of plant and machinery. Which of the following audit procedures may be adopted to discover it?
- Which of the following is/are beneficiary(s) of cost audit? 1. Manager 2. Shareholders and investors 3. Society and consumers 4. Government Select the correct answer:
- Voucher should be addressed to the . . . . . . . .
- In order to audit petty cash expenses, the auditor has to check
- An auditor is a watchdog but not a bloodhound. This statement has been given in decision of which case?
- The main objective of Auditing is
- The liability of the auditor can be
- The definite period of auditing is
- The main objective of an audit is
- Which of the point is not to be considered while checking, a voucher?
- To be an auditor, a person must be an
- The report through which an auditor expresses his opinion on the financial statement is known as
- Choose the correct statement in reference to accounting standards., choose the correct statement:
- The auditor does not have to check the following while auditing salaries/wages
- The step(s) involved in conducting system audit is/are
- The auditor, in general, is an
- The term of the auditorship of first auditor would be from the date of appointment till:
- In which audit, the examination of the effects of air emission, water and soil pollution, landscape etc is done?
- The Accounting Standard Board was set up by
- The primary objective of an audit is to
- Verification refers to