Auditing Quiz and MCQs

Auditing

16

Quizzes

138

Questions

Test your audit knowledge including standards, procedures, and types of audit.

Quizzes in this Category

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Auditing 24 attempts
Quiz #16

Auditing Quiz - 18 Questions

18 min
Pass: 33%
Auditing 22 attempts
Quiz #15

Auditing Quiz - 25 Questions

25 min
Pass: 33%
Auditing 21 attempts
Quiz #14

Auditing Quiz - 15 Questions

15 min
Pass: 33%
Auditing 18 attempts
Quiz #13

Auditing Quiz - 20 Questions

20 min
Pass: 33%
Auditing 20 attempts
Quiz #12

Auditing Quiz - 25 Questions

25 min
Pass: 33%
Auditing 20 attempts
Quiz #11

Auditing Quiz - 25 Questions

25 min
Pass: 33%

Questions in this Category

111. The date on auditor’s report should not be____________?
112. When restrictions that significantly affect the scope of the audit are imposed by the client, the auditor generally should issue which of the following opinion?
113. The auditor has serious concern about the going concern of the company. It is dependent on company’s obtaining a working capital loan from a bank which has been applied for. The management of the company has made full disclosure of these facts in the notes to the balance sheet. The auditor is satisfied with the level of disclosure. He should issue___________?
114. Which of the following is true about explanatory notes?
115. The client changed method of depreciation from straight line to written down value method. This has been disclosed as a note to the financial statements. It has an immaterial effect on the current financial statements. It is expected, however, that the change will have a significant effect on future periods. Which of the following option should the auditor express?
116. Which of the following documents is not relevant for vouching cash sales?
117. To test whether sales have been recorded, the auditor should draw a sample from a file of__________?
118. The auditor should examine subsequent realization of revenue such as dividends, interest,commission, etc to:­_____________?
119. What is meant by negative assurance?
120. For companies required to produce interim financial statements (IFI):
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