B.Com 3rd Year Auditing Online Test Content in The Article Toggle Auditing Chapter 1st = Auditing Meaning, Objective and ImportancePlease Give Your InformationFor start the QuizAuditing Chapter 2nd = Classification of AuditPlease Give Your InformationFor start the QuizAuditing Chapter 3rd = Audit ProcessPlease Give Your InformationFor start the QuizAuditing Chapter 4th = Internal CheckInternal CheckPlease Give Your InformationFor start the QuizAuditing Chapter 5th = VouchingVouchingPlease Give Your InformationFor start the QuizAuditing Chapter 6th = Verification and Valuation of Assets and LiabilitiesVerification and Valuation of Assets and LiabilitiesPlease Give Your InformationFor start the QuizAuditing Chapter 7th = Depreciation and ReservePlease Give Your InformationFor start the QuizAuditing Chapter 8th = Company AuditPlease Give Your InformationFor start the QuizAuditing Chapter 9th = Appointment, Remuneration, Rights and Duties of an AuditorPlease Give Your InformationFor start the QuizAuditing Chapter 10th = Liabilities of AuditorPlease Give Your InformationFor start the QuizAuditing Chapter 11th = Divisible Profit and DividendPlease Give Your InformationFor start the QuizAuditing Chapter 12th = Audit ReportPlease Give Your InformationFor start the QuizAuditing Chapter 13th = InvestigationInvestigationPlease Give Your InformationFor start the QuizAuditing Chapter 14th = Special AuditSpecial AuditPlease Give Your InformationFor start the Quiz Auditing Chapter 14th = Special Audit /30 31 This Quiz Time only 10 minutes Your Time is Finish 10 minutes Thanks for Giving This Test. All Question Special Audit Special Audit Please Give Your Information For start the Quiz NameEmailPhone Number 1 / 30 30. In management audit, evaluation is being done of the – Cost accounts Financial accounts Managerial functions and policies Assets and liabilities 2 / 30 29. What is essential for measuring efficiency of management? Social Audit Cost Audit Tax Audit Management Audit 3 / 30 28. Management Audit is – Compulsory Voluntary Statutory None of these 4 / 30 27. Which of the following section of Companies Act related with cost audit – Section 233(B) Section 100 Section 150 None of these 5 / 30 26. Management audit is get done by – Statutory auditor Government auditor Cost auditor None of these 6 / 30 25. Cost auditor furnish his report to – Shareholders Central Government Board of Directors Any of above 7 / 30 24. For manufacturing concerns, cost audit is – Voluntary Compulsory Statutory None of these 8 / 30 23. Under management audit, which of the following is examined – Work of employees Work of auditor Work of top authorities None of these 9 / 30 22. Objective of Management audit is – Make management more efficient Detecting shortcomings of management operation Making cordial relations with employees All above 10 / 30 21. Qualification of Management Auditor is – Chartered Accountant Commerce Graduate No Prescribed Qualification M.B.A. 11 / 30 20. Where management audit is first used? Japan America India None of these 12 / 30 19. Management audit is a – New Concept Traditional concept Medival Period Concept None of above 13 / 30 18. Tax audit is compulsory under section – 44 AA 44 AB 44 AC 44 AD 14 / 30 17. Cost Audit report is to be furnished – Within 90 days of the end of the relevant year Within 180 days of the end of the relevant financial year Within 30 days of the date on which the relevant records are made At least 21 days before the date of annual general meeting of the company 15 / 30 16. Main object of Cost Audit is – Checking of accuracy of total cost and per unit cost of production Determining total cost Determining tender price All above 16 / 30 15. Cost auditor is appointed by – General meeting Board of directors Permission of Central Government Both (a) and (c) above 17 / 30 14. Qualification of cost auditor is – Chartered Accountant Cost and Works Accountant Commerce Graduate All above 18 / 30 13. Cost audit is beneficial for – Business organisation Labourers Government All above 19 / 30 12. The cost auditor shall submit his report to – Shareholders Central Government Board of Directors Any of the above 20 / 30 11. Cost Audit is compulsory in – Retail business Manufacturing concern Mines None of these 21 / 30 10. Cost audit is helpful for an institution in – Price determination Cost control Cost control All above 22 / 30 9. Cost Audit is started in – 1913 1935 1949 1965 23 / 30 8. Minimum percentage of provision for a Insurance Company is – 20 25 40 10 24 / 30 8. Accounts of Insurance Companies are prepared according to which sections of Insurance Companies Act, 1938 – Section 10-29 Section Section 30 None of above 25 / 30 6. According to which of the following Act, final accounts of Insurance Companies are prepared? Insurance Companies Act, 1938 Companies Act, 1956 Both above (a) and (b) None of these 26 / 30 5. Non-trading institutions prepare – Trading Account Profit and Loss Account P/L Appropriation Account Income and Expenditure Account 27 / 30 4. For aided educational institutions, audit is – Compulsory Necessary Statutory None of these 28 / 30 3. In banking companies – Intensive audit is taken place Auditor examine each transaction in detail Auditor mínutely check the assets and liabilities shown in balance sheet None of these 29 / 30 2. Which section of the Banking Regulation Act is related with audit of annual accounts – Section 25 Section 30 Section 27 None of these 30 / 30 1. Under which Act, Banking Companies An India – Banking Regulation Act, 1949 Banking Regulation Act, 1969 Banking Companies Act, 1970 None of above Your score is LinkedIn Facebook Twitter VKontakte 0% Restart quiz Please Give Your Review Send feedback Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15