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Auditing MCQ Questions and Solutions with Explanations | Commerce

Auditing MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Auditing MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-6 section-2

Each section contains 100 MCQs on Auditing .
51
A number of checks and controls exercised in a business to ensure its efficient working are known as . . . . . . . .
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Answer & Solution
Answer: Option B
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52
Special audit may be ordered
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Answer & Solution
Answer: Option B
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53
The cost audit was introduced in:
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Answer & Solution
Answer: Option A
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54
The subsidiary voucher produced in the absence of primary voucher is called
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Answer & Solution
Answer: Option D
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55
In India, balance sheet audit is synonymous to:
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Answer & Solution
Answer: Option A
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56
Propriety audit refers to
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Answer & Solution
Answer: Option C
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57
In case the auditor gives a disclaimer of opinion in the audit report which of the following paragraph(s) of a standard unqualified audit report are modified?
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Answer & Solution
Answer: Option C
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58
Which one of the following is not considered as relevant voucher while vouching cash sales?
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Answer & Solution
Answer: Option A
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59
When restrictions that significantly affect the scope of the audit are imposed by the client, the auditor generally should issue which of the following opinion?
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Answer & Solution
Answer: Option A
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60
Every voucher should be signed by
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Answer & Solution
Answer: Option D
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