đề 1

Main object of auditing is_________

• detection of errors

• to find out whether profit and loss account and balance sheet show true and fair state affairs.

• detection of frauds

• detection and prevention of frauds and errors.

Auditing is luxury for a _________

• joint stock company

• partnership firm

• small shop-keeper

• government company

________ audit is not a statuary requirement

• Management

• Financial

• Tax

• internal

Interim audit refers to _________

• examination of accounts continuously

• examination of accounts intermittently

• audit work to find out and check interim profits of a company

• carrying on audit for bonus purposes at the end of the year

Audit procedures are methods or techniques that auditors use to obtain audit _____ and form an opinion regarding the financial statements of a company.

• evidence

• information

• knowledge

• source

Usually, auditors need to use their _____ to determine whether the differences identified through applying analytical procedures are worth investigating further.

• decision

• tool

• judgement

• examination

The example of principles errors is that wages paid for installation of plant and machinery is recorded as _________ paid to workers.

• fee

• salary

• wages

• fare

The clerical errors arise on account of negligence of the accounting staff. They are called _________ errors.

• technical

• principle

• unintentional

• clerical

An audit report describes the financial condition and internal accounting controls by an __________ external auditor.

• independence

• independent

• depending

• dependent

When the auditor issues a clean or __________ report, it means that the company's financial statements have been found to be fully compliant with accounting standards.

• adverse

• disclaimer

• unqualified

• qualified