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Audit And Finalization

Authored by Deepshikha Sarkar

Other

3rd Grade

Used 1+ times

Audit And Finalization
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40 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

A company auditor can be removed before expiry of his term by

A. Shareholders

B. Board of Directors

C. Central Government

D. State Government

2.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

A continuous audit is specially needed for

A. Any trading concern

B. Smaller concerns

C. Banking companies

D. Any manufacturing companies

3.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Propriety audit refers to

A. Verification of accounts

B. Examination accounts of propriety concerns

C. Enquiry against justification and necessity of expresses

D. Audit of Govt. companies

4.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Final audit implies

A. Audit of accounts at the end of the year

B. Finally checking of accounts to reveal frauds

C. Audit for submitting report immediately at the end of the year

D. Audit of banking companies

5.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Management audit means

A. Audit undertaken on behalf of the management

B. Evaluating performance of various management processes and functions

C. Audit undertaken on behalf of Govt. to punish management

D. Compulsory audit

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

A special auditor is appointed by the

A. Shareholders

B. Board of Directors

C. Central Government

D. C & A – G

7.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

A government Co. auditor may be appointed by the

A. C & A – G

B. Shareholders

C. Central Government

D. None of the above

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