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Module 1 - Advanced Auditing

Authored by Vennila R

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University

Used 3+ times

Module 1 - Advanced Auditing
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Audit is derived from Latin word________

Adobe

Audire

Auditee

Audo

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Detection and Prevention of Errors is a _________of auditing

Primary Objective

Secondary Objective

Significant Objective

Not an Objective

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At the end of the auditing Auditor is giving an ___________of financial statement

Bad Impression

Collective Opinion

Independent Viewpoint

None of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________type of audit is conducted to ensure whether business comply with internal and external standards

Financial Audit

Tax Audit

Compliance Audit

Internal Audit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Practitioner gathers sufficient appropriate evidence to provide a positive worded assurance about the company is known as___________

Assurance Engagement

Limited Assurance Engagement

Reasonable Assurance Engagement

Audit Engagement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Objectives of the auditor is to______

Report on Financial Statements

Express an Opinion on Financial statements

Obtain Reasonable Assurance

All of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who will acts as a Steward for the Company?

Auditor

Shareholders

Employees

Directors

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