Auditing - Free Accounting Auditing Questions for Practice

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Auditing

Auditing

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Q1. What is a voucher related to?
1. All of the above
2. Receipts
3. Cash payment
4. Credit transactions
Q2. Audit is not mandatory for one of the following options:
1. Proprietorship matters
2. All of the above
3. Trusts
4. Joint stock firms
Q3. Who appoints the internal audit?
1. Management team
2. Shareholders
3. The government
4. Statutory body
Q4. What is the systematic scrutinization of books and records of a business called?
1. Verification
2. Auditing
3. Vouching
4. Checking
Q5. What are the liabilities of an auditor?
1. Civil
2. Official
3. Civil and criminal
4. Criminal
Q6. When do the board of directors appoint their first company audito
1. In a period of a month after the capital subscription state of the firm
2. Within a period of a month of the incorporation of the compan
3. In a period of a month after the company promotion.
4. Within a period of a month of the business commencement of the company
Q7. At what point does auditing begin?
1. When inventory evaluation ends
2. When accounting ends
3. When purchases end
4. When selling ends
Q8. Which audit is conducted in between 2 annual audit?
1. Continuous audit
2. Interim audit
3. Internal audit
4. Final audit
Q9. When the auditor plans the complete audit work, it is ca
1. Audit note
2. Audit programme
3. Audit risk
4. Audit plan
Q10. Which audit is compulsory under a statue?
1. Statutory audit
2. Partial audit
3. Complete audit
4. Continuous audit

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