Audit Confirmation

Quiz
•
Other
•
Professional Development
•
Medium
Ivy Tan
Used 2+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Audit Confirmation request is sent to the Bank by
the president
the CEO
the Auditor
MAS
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Audit Reply is a Bank's confirmation on outstanding balance of the company's account at end of
the Accounting Financial Year
the business month
the working day
the loan term
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which department in the Bank processes the audit confirmation?
BBCSC
Account Services
Remittance
Human Resource
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Audit Fee is S$55 per request.
True
False
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Audit Confirmation Report can be sent via secured email (voltage) to the auditor.
True
False
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Company name and account number provided are NOT as per bank's record will result in a delay in Audit Confirmation report.
True
False
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How long does it take for the Bank to process the Audit Confirmtion report?
7 business days
21 business days
14 business days
3 business days
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