Auditing & Assurance

Auditing & Assurance

Professional Development

10 Qs

quiz-placeholder

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Auditing & Assurance

Auditing & Assurance

Assessment

Quiz

Arts

Professional Development

Hard

Created by

Delphine Valarina

Used 59+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • Ungraded

How are feeling today?

😁

😎

😑

🙁

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the amount of a voucher exceeds Rs._________ , it should be properly stamped

50000

500

5000

10000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A case where detailed vouching of select transactions will NOT work

Existence of a weak internal control system

Improper division of duties, particularly in a small enterprise

Transactions of a specialized nature

All the Above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________ means an examination of ledger entries to see that each entry is supported by documentary evidence as also that it has been properly written in the books of accounts

Auditing

Accounting

Vouching

Testing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A persons shall not be eligible for appointment as an auditor of a company if

A body corporate other than a limited liability partnership

An officer or employee of the company

All of the Above

None of the Above

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which is not a duty of the auditor?

Duty as to report under voluntary winding up

Duty to sign report

All of the Above

None of the Above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the auditor is of the opinion that the financial statement does not show the true and fair view of the state of affairs of the business, he issues a ___________ report

Clean

Qualified

Disclaimer

Adverse

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