Types of Audit II

Complete Audit is also known as _____

• Periodical Audit

• Final Audit

• Either Periodical or Final Audit

• Neither Periodical nor final audit

____ audit is completed in one continuous session.

• Continuous Audit

• Periodical Audit

• Interim Audit

• Statutory Audit

____ is a kind of audit conducted between two Balance Sheet audits.

• Interim Audit

• Internal Audit

• External Audit

• Exterim Audit

The final audit can be completed very soon, if there has been ____.

• Interim Audit

• Complete Audit

• Periodical Audit

• Final Audit

Which differentiate between continuous audit and interim audit?

• Period

• Continuity

• Additional Work load

Which type of audit is conducted based on client's desires?

• Periodical Audit

• Final Audit

• Occasional Audit

• Statutory Audit

Which is NOT a type of audit based on the subject matter of audit?

• Financial Audit

• Cost Audit

• Operational Audit

• Interim Audit

Continuous audit followed by the final audit conducted by another independent auditor is the ____.

• Most Dissatisfactory

• Most Satisfactory

• Satisfactory

• Dissatisfactory