WorksheetsAuditing in Public Sector
Total questions: 12
Worksheet time: 7mins
Which party will do the review and provide suggestions on the statements and report?
Internal Audit Unit
External Auditor
Parliamentary Committee
Auditor General
The functions of National Audit Department:
I. To fill the needs and expectation of stakeholders and auditees
II. To carry out audit report in an independent manner
III. To manage audit activities efficiently and effectively
IV. To be a model employer
I and IV
II
I and III
All of the above
On a state level, where does the audit report should be submitted?
State Ruler
Legislative Assembly
Parliament
National Audit Department
“Neither the Auditor General nor any other person shall divulge or communicate except in the course of duty to another person performing duties under this act”.
This statement refers to which of the following section
Section 7
Section 9
Section 8
Section 10
How many parties are involved in the Government Audit Framework?
2
9
6
3
The Auditor General should ascertain and ensure whether all money has been applied accordingly and related activities have been managed in an efficient manner with due regards for economy and avoidance of waste and extravagance.
True
False
What is the main objective of Public Account Committee (PAC)?
To maintain the secrecy of the information obtained
To ensure that there is a proper accountability of fund by public officials
To carry out audit report in an independent manner
To manage audit report efficiently
How many sections are there in the Audit Act 1957?
8
10
11
9
Who appoints the Public Account Committee?
YDPA with the advice of the Prime Minister
Auditor General
House of Parliament
Accountant General
Which are the purposes of auditing in a public sector?
I. To determine any embezzlement from the estimation being planned.
II. To store and analyze financial information and oversee monetary transactions.
III. To declare any wrongdoings in relation to the principles, orders and rules and regulations.
IV. To assist the management in performing its functions effectively.
I and II
II and III
I and III
II and IV
What is the role and responsibility of the Public Account Committee (PAC)?
To study the reliability of internal control
To audit and certify the public account
To call up any person for explanation and information of audit work
To look after the account of Federation and the appropriation of the sum granted by the Parliament
There are three types of audit in public sector which are financial, compliance and
qualified opinion
internal
performance
external
