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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-4

Each section contains 100 MCQs on Auditing .
61
"In continuous audit the auditors staff is busy in checking the accounts throughout the year." This definition is given by
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Answer & Solution
Answer: Option B
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62
Payment for building purchased should be vouched with the help of:
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Answer: Option A
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63
Vouching implies:
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Answer: Option B
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64
The objectives of auditing are:
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Answer: Option D
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65
When the audit is conducted regularly or irregularly throughout the year, it is called as
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Answer: Option A
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66
Who is responsible for the appointment of statutory auditor of a limited company?
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Answer: Option B
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67
In an audit of financial statements, substantive tests are audit procedures that:
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Answer: Option D
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68
A statutory auditor has a right of access at all times to:
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Answer: Option C
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69
Name the audit, that is generally conducted between two annual audit.
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Answer: Option C
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70
The duties of an auditor of a partnership firm are governed by:
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Answer & Solution
Answer: Option D
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