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Auditing MCQs

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Question 37easy

The auditor gives in his report his

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Question 38easy

Interim audit refers to:

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Question 39easy

To whom special audit report is addressed?

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Question 40hard

The beneficiary(s) of audit report is/are 1. Creditor 2. Income tax authority 3. Director 4. Government Select the correct answer:

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Question 41hard

An analysis of fixed assets account has revealed possibility of unrecorded sale of plant and machinery. Which of the following audit procedures may be adopted to discover it?

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Question 42hard

Which of the following is/are beneficiary(s) of cost audit? 1. Manager 2. Shareholders and investors 3. Society and consumers 4. Government Select the correct answer:

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Question 43medium

Voucher should be addressed to the . . . . . . . .

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Question 44medium

In order to audit petty cash expenses, the auditor has to check

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Question 45hard

An auditor is a watchdog but not a bloodhound. This statement has been given in decision of which case?

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