
W.2 TA3 Auditing
Authored by Amr Riad
English
9th Grade
Used 1+ times

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14 questions
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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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