ExamVeda
Login
Home

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-5

Each section contains 100 MCQs on Auditing .
51
When is evidential matter, generally, considered sufficient?
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
52
Which one of the following is not an objective of auditing?
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
53
An Auditor makes effort to detect mainly following types of fraud
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
54
Schedule II of the Companies Act, 2013 has prescribed rates of depreciation for double shift and triple shift working for which one of the following assets?
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
55
Which of the following is a revenue reserve?
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
56
Which of the following statement is correct?
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
57
For which of the following the company auditor has civil liability?
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
58
With reference to techniques of auditing, which of the following statement is correct?
(1) Routine checking means daily checking of books of accounts.
(2) Test checking should always be applied in cash book.
Select the correct answer using the option given below
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
59
The auditor's permanent working paper file should not normally, include:
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
60
In case of a company, which of the following is not correctly matched?
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board