Vidyalelo
Commerce · all questions

Auditing
practice.

Practice every MCQ with options. Use Show answers when you want the correct option and solution.

491

Questions

13/25

Page

Pick an option on a question to see the right answer and solution.

Which of the following is NOT a function performed by a company secretary?

Select an option to see the answer and solution.

Analytical procedures issued in the planning stage of an audit, generally:

Select an option to see the answer and solution.

The vacancy caused by the resignation of an auditor is filled only by

Select an option to see the answer and solution.

In comparison to the independent auditor, an internal auditor is more likely to be concerned with:

Select an option to see the answer and solution.

Match the following.
List-I List-II
a. Statutory Audit 1. Commerce graduate having proficiency in Accounting
b. Secretarial Audit 2. Practicing Company Secretary
c. Cost Audit 3. Practicing Chartered Accountant
d. Internal Audit 4. Practicing Cost & Works (or Management) Accountant

Select an option to see the answer and solution.

Management Audit means

Select an option to see the answer and solution.

Which of the following institutions has to conduct compulsory audit?

Select an option to see the answer and solution.

Which of the following is a part of verification of assets?

Select an option to see the answer and solution.

Errors and frauds already committed can be discovered under the system of . . . . . . . .

Select an option to see the answer and solution.

Goods sold on the basis of 'sales or return' should:

Select an option to see the answer and solution.

Limitation of auditing is-

Select an option to see the answer and solution.

Audit of banks is an example of:

Select an option to see the answer and solution.

The auditor should examine subsequent realization of revenue such as dividends, interest, commission, etc. to:

Select an option to see the answer and solution.

Latin word "audire" means

Select an option to see the answer and solution.

Which of the following is related to internal checking?

Select an option to see the answer and solution.

Audit working papers is an assets of:

Select an option to see the answer and solution.

Management audit otherwise called as . . . . . . . .

Select an option to see the answer and solution.

Which of the following statements is NOT correct regarding the duties of an auditor?

Select an option to see the answer and solution.

Internal check is done for

Select an option to see the answer and solution.

Proper segregation of duties reduces the opportunities in which a person would both:

Select an option to see the answer and solution.