Unit 2 - Auditing
Authored by Prof.Dhanapal C
Professional Development
Professional Development
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25 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following has a broader scope?
(A) Internal Control.
(B) Internal Audit.
(C) Internal Checking.
(D) None of the above.
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An internal auditor is :
(A) Temporary Employee.
(B) Permanent Employee.
(C) Daily Wager.
(D) None of the above.
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A number of checks & controls exercised in a business to ensure its efficient working is known as :
(A) Internal check.
(B) Internal control.
(C) Internal audit.
(D) Interim check.
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Internal check is meant for :
(A) Prevention of frauds.
(B) Detection of frauds.
(C) Helping audit in depth.
(D) Detection of errors.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Internal auditor is appointed by :
(A) The management.
(B) The shareholders.
(C) The government.
(D) The statutory body.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Auditing begins where -------- ends.
(A) Selling.
(B) Inventory valuation.
(C) Accounting.
(D) Purchases.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The work of one clerk is automatically check by another clerk is called :
(A) Internal control.
(B) Internal check.
(C) Internal audit.
(D) None of the above.
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