11. The auditor should state the reasons for his reservations in audit report and should try to quantify the effect on them. This should be done in case he has expressed-
(i) A qualified opinion
(ii) An unqualified opinion with emphasis of matter paragraph
(iii) An adverse opinion
(iv) A disclaimer of opinion
(i) A qualified opinion
(ii) An unqualified opinion with emphasis of matter paragraph
(iii) An adverse opinion
(iv) A disclaimer of opinion
12. The auditor of the company-
13. The process that entails a proper and rational distribution of work between the members of the staff of the organization is called
14. The process of checking documentary evidence to ascertain the accuracy of accounting records is called:
15. Audit at the end of the year is known as:
16. The subsidiary object of auditing is:
17. The cost audit report has to be submitted within . . . . . . . . days of the closure of the books of account (or end of the accounting period).
18. The most important objective of internal audit is
19. The nature, timing and extent of substantive procedures is related to assessed level of control risk:
20. Test Checking refers to:
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