Auditing Mcqs

Q.  Concurrent audit is a part of____________?

a. Internal check system
b. Continuous audit
c. Internal audit system
d. None of these


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MCQs:  Which of the following factors is most important in determining the appropriations of audit evidence?
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MCQs:  When is evidential matter, generally, considered sufficient?
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MCQs:  Which of the following is not corroborative evidence?
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MCQs:  What would most appropriately describe the risk of incorrect rejection in terms of substantive testing?
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MCQs:  Which of the following affects audit effectiveness?
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MCQs:  What would most effectively describe the risk of incorrect acceptance in terms of substantive audit testing?
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MCQs:  Audit programme is prepared by____________?
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MCQs:  The working papers which auditor prepares for financial statements audit are___________?
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MCQs:  The quantity of audit working papers complied on engagement would most be affected by__________?
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MCQs:  Which of the following best describes the primary purpose of audit programme preparation?
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MCQs:  Which of the following is not an advantage of the preparation of working paper?
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MCQs:  The auditor’s permanent working paper file should not normally, include__________?
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MCQs:  For what minimum period should audit working papers be retained by audit firm?
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MCQs:  Which of the following factors would least likely affect the quantity and content of an auditor’s working papers
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MCQs:  Which of the following statement is true regarding an auditor’s working papers?
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MCQs:  Which of the following statement best describes the understanding with respect to ownership and custody of working papers prepared by an auditor?
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MCQs:  The current file of the auditor’s working papers, generally, should include____________?
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MCQs:  Audit of banks is an example of__________?
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MCQs:  In Pakistan, balance sheet audit is synonymous to___________?
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MCQs:  Audit in depth is synonymous for­_____________?
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