A. Staff specially appointed for the purpose
B. Internal auditor
C. Supervisor of the staff
D. Members of the staff
Auditing Mcqs
Auditing Mcqs, Audit Mcqs for preparation of various posts i.e. Senior Auditor by Fpsc, Junior Auditor, Accountant, Internal Auditors, External Auditors. Mcqs Provided here are very Important for Federal Public Service Commission Tests/examinations, National Testing Service etc
A. It is conducted at regular interval
B. It may be carried out on daily basis
C. It is needed when the organization has a good internal control system
D. It is expensive
A. 1949
B. 1956
C. 1961
D. 1972
A. Complete audit
B. Completed audit
C. Final audit
D. Detailed audit
A. Internal check system
B. Continuous audit
C. Internal audit system
D. None of these
A. Statutory audit
B. Balance sheet audit
C. Concurrent audit
D. All of the above
A. Shareholders
B. Management
C. Government
D. Law
A. By independent auditor
B. Statutorily appointed auditor
C. By a person appointed by the management
D. By a government auditor
A. Management fraud is more difficult to detect than employee fraud
B. Internal control system reduces the possibility of occurrence of employee fraud and management fraud
C. The auditor’s responsibility for detection and prevention of errors and frauds is similar.
D. All statements are correct.
A. Error of principle
B. Error of commission
C. Error of omission
D. Error of duplication
