Auditing Mcqs

Auditing Mcqs

The term ‘Audit’ is derived from a Latin word “audire” which means___________?

A. To inspect B. To examine C. To hear D. To investigate

7 years ago

Auditing Mcqs

____________ is a systematic examination of the books and records or a business?

A. Auditing B. Vouching C. Verification D. Checking

7 years ago

Auditing Mcqs

Concealment of shortage by delaying the recording of cash receipts is known as_____________?

A. Embezzlement B. Misappropriation C. Lapping D. None of these

7 years ago

Auditing Mcqs

An auditor is like a_______________?

A. Blood haunt B. Watch dog C. May both according to situation D. None of these

8 years ago

Auditing Mcqs

Process of verifying the documentary evidences of transactions are known as___________?

A. Auditing B. Testing C. Vouching D. Verification

8 years ago

Auditing Mcqs

Auditing is compulsory for____________?

A. Small scale business B. Partnership firms C. Joint stock Companies D. Proprietary Concerns

8 years ago

Auditing Mcqs

The main object of an audit is _____________?

A. Expression of opinion B. Detection and Prevention of fraud and error C. Both (A) and (B) D. Depends on…

8 years ago