Auditing Mcqs

Q.  When an auditor is proposed for removal from office, which one of the following is he NOT permitted to do?

a. Circulate representations to members
b. Apply to the court to have the proposal removed
c. Speak at the AGM/EGM where the removal is proposed
d. Receive notification of the AGM/EGM where the removal is proposed


ANSWER: See Answer
 
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MCQs:  Audit of banks is an example of_____________?
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MCQs:  Concurrent audit is a part of____________?
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MCQs:  Audit in depth is synonymous for____________?
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MCQs:  Which of the following statements is not true about continuous audit?
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MCQs:  Internal check is carried on by___________?
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MCQs:  Errors of Omission are_____________?
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MCQs:  Window dressing implies_______________?
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MCQs:  Test Checking refers to___________?
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MCQs:  Which of the following statements is not correct about materiality?
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MCQs:  ______the audit risks_______the materiality and_________the audit effort.
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MCQs:  When issuing unqualified opinion, the auditor who evaluates the audit findings should be satisfied that the___________?
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MCQs:  In determining the level of materiality for an audit, what should not be considered?
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MCQs:  Analytical procedures issued in the planning stage of an audit, generally
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MCQs:  Which of the following statements is most closely associated with analytical procedure applied at substantive stage?
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MCQs:  Verification refers to_________?
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MCQs:  Stock should be valued at_________?
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MCQs:  Floating assets are valued at____________?
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MCQs:  Goods sold on the basis of ‘sales or return ‘ should:
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MCQs:  Of the following, which is the least persuasive type of audit evidence?
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MCQs:  Which of the following statements is, generally, correct about the reliability of audit evidence?
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