11. Which of the following statements is not correct about materiality?
12. An auditor conducts a surprise check on the pay day, i.e., the day wages and salaries are paid. The primary purpose of this audit procedure is to
13. The management of a company, to which AS3 is not applicable, does not include statement of cash flows in its annual report. The auditor should express:
14. Who is qualified to be a company auditor?
15. Statement I: Safety audit is a risk management tools.
Statement II: Management audit is a part of traditional auditing.
Statement II: Management audit is a part of traditional auditing.
16. The audit conducted to check and examine the efficiency and effectiveness of management is called
17. Which report will be submitted by an auditor, if he is dissatisfied regarding the facts and informations?
18. When an independent auditor relies on the work of an internal auditor, he should
19. Consider the following activities and choose the correct sequence of these activities undertaking by auditor:
1. Valuation
2. Verification
3. Vouching
1. Valuation
2. Verification
3. Vouching
20. The cost auditor gives his report to the
Read More Section(Auditing)
Each Section contains maximum 100 MCQs question on Auditing. To get more questions visit other sections.