Auditing Quiz
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Avg score: 19% • Most missed: “Audit done by the employees of the business undertaking is called _______.”
Auditing Quiz
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25 Questions

1. What is the primary objective of analytical procedures used in the overall review stage of an audit?
2. Of the following, which is the least persuasive type of audit evidence?
3. Audit programme is prepared ______________.
4. This kind of audit is conducted generally between two annual audit ______.
5. Audit done by the employees of the business undertaking is called _______.
6. Profit prior to incorporation may be utilized to ___________.
7. Which of the following best describes the primary purpose of audit programmed preparation?
8. Recording a transaction twice in the books of original entry is an error of __________.
9. Who is responsible for the appointment of statutory auditor of a limited company?
10. Audit is ________.
11. Purchase of machinery is a ____________.
12. Secret reserve can be created by _______________.
13. Concurrent audit is a part of ______________.
14. Which of the following is not true about opinion on financial statements?
15. Which of the following statements is not true about continuous audit?
16. Auditor shall report on the accounts examined by him __________.
17. The main objects of investigation is _________.
18. Confirmation of the court is necessary for __________.
19. Auditing begins where ______ ends.
20. Internal check is meant for ___________.
21. In case the directions fail to appoint first auditors, the shareholders shall appoint them at _______ by passing a resolution.
22. Providing more or less depreciation on assets is an example of ______.
23. Balance sheet does not include ___________.
24. Audit in depth means __________.
25. The use of an audit engagement letter is the best method of documenting ________.

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