Auditing Mcqs

Q.  Which one of the following is NOT a duty of the auditor?

a. Duty to report to the company’s bankers
b. Duty to report to the members
c. Duty to sign the audit report
d. Duty to report on any violation of law


ANSWER: See Answer
 
No explanation is available for this question!
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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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MCQs:  In an audit of financial statements, substantive tests are audit procedures that __________?
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