
UNIT 1- TEST
Authored by ASWINI NAGARAJAN
Arts
University
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10 questions
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1.
FILL IN THE BLANK QUESTION
10 sec • 1 pt
Auditing starts where_____________ends.
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The main object of an audit is
Expression of opinion
Detection and Prevention of fraud and error
Both (1) and (2)
Depends on the type of
3.
FILL IN THE BLANK QUESTION
10 sec • 1 pt
The term Audit is derived from a Latin word audire which means__________
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
_____________ is a systematic examniation of the books and records or a business.
Auditing
Vouching
Verification
checking
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Who among the following can be appointed as auditor of a company?
A partner or a director of a company
A person of unsound mind
Mr. who owes Rs.500 to the company
Mr. Z the holder of C.A certificate
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is the first step of an Auditor to do Audit?
Collecting Evidence
Planning
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The purpose of an Audit plan is to determine why, How when and by whom the audit will be performed
True
False
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