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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-7 section-3

Each section contains 100 MCQs on Auditing .
61
'Goods sent on approval basis' have been recorded as 'Credit sales'. This is an example of:
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Answer & Solution
Answer: Option A
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62
Under vouching, checking is done of:
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Answer & Solution
Answer: Option A
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63
Which of the following is a basic evidence of a transaction?
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Answer & Solution
Answer: Option C
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64
A written plan containing the details regarding the conduct of a particular audit is called
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Answer & Solution
Answer: Option A
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65
The Audit of Joint Stock Company is:
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Answer & Solution
Answer: Option A
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66
Vouching is concerned with:
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Answer & Solution
Answer: Option D
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67
Which one of the following is the auditor of a company?
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Answer & Solution
Answer: Option A
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68
Which of the following sections of the Companies Act, 2013 deals with qualifications of the auditor?
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Answer & Solution
Answer: Option A
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69
A company auditor at a time cannot be the auditor of more than how many companies:
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Answer & Solution
Answer: Option B
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70
Vouching may be termed as:
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Answer & Solution
Answer: Option B
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