W.2 TA3 Auditing

W.2 TA3 Auditing

9th Grade

14 Qs

quiz-placeholder

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W.2 TA3 Auditing

W.2 TA3 Auditing

Assessment

Quiz

English

9th Grade

Practice Problem

Medium

Created by

Amr Riad

Used 1+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the word "Auditing" come from?

Latin word "Audire" meaning to listen

Latin word "Audere" meaning to decide

Greek word "Audit" meaning to calculate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of auditing?

To check if the person is making profits

To examine financial statements and records

To prepare financial statements

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who conducts an audit?

A team of company managers

An investor

An independent and qualified person

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does an auditor provide after completing an audit?

A financial statement

An opinion on the financial statements

A tax report

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do investors appoint an auditor?

To increase company profit

To check the true and fair presentation of financial statements

To reduce company expenses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is examined during an audit?

The company's products

Employee performance

Financial records and statements

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of management in a company?

To invest money

To manage and operate the company

To provide an audit report

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