Auditing Mcqs

Q.  Internal audit is undertaken:

a. By independent auditor
b. Statutorily appointed auditor
c. By a person appointed by the management
d. By a government auditor


ANSWER: See Answer
 
No explanation is available for this question!
TasDia Network - Mcqs | Signature | Lyrics
MCQs:  Which of the following statements is, generally, correct about the reliability of audit evidence?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  In an audit of financial statements, substantive tests are audit procedures that __________?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  The nature, timing and extent of substantive procedures is related to assessed level of control risk
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following factors is most important in determining the appropriations of audit evidence?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  When is evidential matter, generally, considered sufficient?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following is not corroborative evidence?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  What would most appropriately describe the risk of incorrect rejection in terms of substantive testing?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following affects audit effectiveness?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  What would most effectively describe the risk of incorrect acceptance in terms of substantive audit testing?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Audit programme is prepared by____________?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  The working papers which auditor prepares for financial statements audit are___________?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  The quantity of audit working papers complied on engagement would most be affected by__________?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following best describes the primary purpose of audit programme preparation?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following is not an advantage of the preparation of working paper?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  The auditor’s permanent working paper file should not normally, include__________?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  For what minimum period should audit working papers be retained by audit firm?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following factors would least likely affect the quantity and content of an auditor’s working papers
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following statement is true regarding an auditor’s working papers?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following statement best describes the understanding with respect to ownership and custody of working papers prepared by an auditor?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  The current file of the auditor’s working papers, generally, should include____________?
Category: MBA Questions,   Published by: T-Code Scripts