Auditing Mcqs


Q.  The quantity of audit working papers complied on engagement would most be affected by__________?

a. Management’s integrity
b. Auditor’s experience and professional judgment
c. Auditor’s qualification
d. Control risk


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  What is the primary objective of analytical procedures used in the overall review stage of an audit?
Category: MBA Questions,   Published by: teswesm
MCQs:  In an audit of financial statements, substantive tests are audit procedures that___________?
Category: MBA Questions,   Published by: teswesm
MCQs:  The nature, timing and extent of substantive procedures is _________ related to assessed level of control risk?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following statements is, generally, correct about the reliability of auditevidence?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following is not a corroborative evidence?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following statements is not true with respect to management representations obtained as per AAS­11?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following is not a revenue expense?
Category: MBA Questions,   Published by: teswesm
MCQs:  Depreciation does not arise form _______
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following will not lead to creation of secret reserve?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following is a revenue reserve?
Category: MBA Questions,   Published by: teswesm
MCQs:  If the book value of an asset stands at________per cent of the original cost, a company need not provide depreciation on it.
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following expenses should not be treated as capital expenditure?
Category: MBA Questions,   Published by: teswesm
MCQs:  Who is responsible for the appointment of statutory auditor of a limited company ?
Category: MBA Questions,   Published by: teswesm
MCQs:  The board of directors shall appoint first auditor of a company
Category: MBA Questions,   Published by: teswesm
MCQs:  The term of the auditor ship of first auditor would be from the date of appointment till________?
Category: MBA Questions,   Published by: teswesm
MCQs:  In case the directions fail to appoint first auditor (s), the shareholders shall appoint them at_________by passing a resolution.
Category: MBA Questions,   Published by: teswesm
MCQs:  If a casual vacancy in the office of auditor arises by his resignation it should only be filled by the company in a_________?
Category: MBA Questions,   Published by: teswesm
MCQs:  The authority to remove the first auditor before the expiry of term is with__________?
Category: MBA Questions,   Published by: teswesm
MCQs:  Who out of the following cannot be appointed as a statutory auditor of the company?
Category: MBA Questions,   Published by: teswesm
MCQs:  A statutory auditor has a right of access at all times to___________?
Category: MBA Questions,   Published by: teswesm