B.Com 3rd Year Auditing Online Test

Auditing Chapter 2nd = Classification of Audit

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Classification of Audit

Classification of Audit

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47. Qualification of an Internal Auditor is –

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46. Comptroller and Auditor General of India submits its audit report to –

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45. To make audit of Government Offices, auditor appointed by –

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44. Comptroller and Auditor General of India is appointed by –

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43. Existence of internal audit system does not reduce the desirability of –

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42. To sell the business which type of audit is carried on –

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41. In which country Balance Sheet Audit means the audit of only Balance Sheet?

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40. “A final or completed audit is that which is commenced after the end of financial year of which it relates”. This is defined by –

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39. “A continuous audit is one where Auditor Staff is occupied continuously on the accounts the whole year round”, this is defined by –

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38. In which of the following audit publishing of final accounts –

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37. In which of the following of Audit there remain no scope of alteration in figures –

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36. Which of the following type of audit make hurdle in routine works of enterprise –

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35. Feature of Periodical Audit is –

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34. Audit is not a guarantee of cent percent truth –

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33. If only a part of the accounts of a business are examined, it is termed as –

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32. Audit which is done at the time of admission of a new partner is called –

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31. Which of the following is a feature of continuous audit –

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30. Which of the following is advantage of continuous audit –

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29. “The continuous audit is one which of commenced and carried on before the close of the financial year to which it relates”. This is defined by –

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28. Continuous Audit is beneficial for –

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27. Which type of audit is followed by Banking Companies –

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26. Management Audit is a valuation of –

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25. What is necessary to measure the efficiency of a manager?

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24. The Audit which is opted by a Insurance Company is –

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23. Under Management audit examination is done of the –

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22. Under balance sheet audit examination is done –

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21. Management Audit is –

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20. Interim audit is get done –

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19. The scope of interim audit falls within the purview –

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18. Balance Sheet Audit is useful when –

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17. Periodical Audit is an audit in which –

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16. In which of the following there is more possibilities in alteration of figures –

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15. Advantage of periodical audit is –

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14. Which of the following is suitable form of audit when there exists strong internal check system –

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13. Which of the following type of audit is suitable for small concerns –

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12. Periodical Audit is started –

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11. Final Audit can also be termed as –

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10. Periodical Audit is carried on –

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9. The effect of auditor on employees by continuous audit –

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8. In which of the following, there is more possibility of secret pact with employees –

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7. Which of the following is not a disadvantage of continuous audit?

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6. Which of the following is not a advantage of continuous audit –

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5. Which of the following proves helpful in declaration of Interim dividend –

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4. In which of the following case, continuous audit becomes necessary –

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3. Which of the following audit year?

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2. Continuous audit is suitable –

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1. Continuous Audit is carried on –

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