Auditing and principles

A detailed illustration depicting the concepts of auditing, including a checklist, a calculator, and financial documents with a background of a modern office environment.

Master Your Audit Knowledge

Test your understanding of auditing principles with our comprehensive quiz! With 10 thought-provoking questions, you'll explore key concepts and definitions in the field of auditing.

Topics covered in the quiz include:

Types of audits
Government regulations
Assurance standards
Special audits

10 Questions2 MinutesCreated by AnalyzingStar425

The word "Audit" derives from the Latin word Audrie which means________

To Listen

To verify

To Hear

To Rectify

Which of the following is not a kind of audit?

Statutory and private audit

Continuous audit

Cost and Management audit

None of these

Instruction of audit issued by controller and auditor general of India______

Statutory audit

Interim audit

Final audit

Government audit

The audit that is made compulsory under statute is called ___

Statutory audit

Partial audit

Complete audit

Continuous audit

Audit of banks is an example of ____

Statutory audit

Balance sheet audit

Concurrent audit

All of the above

Which of the following Auditing Assurance Standard deals with Audit planning?

AAS-7

AAS-8

AAS-9

AAS-3

Cost audit under section 233(b) of the companies act is ____

Voluntary

Compulsory

Advisable

Avoidable

Special audit is conducted at the order of the central government. Which section givers such powers?

Section 233(A)

Section 233(B)

Section 242(A)

Section 242(B)

This kind of audit is conducted generally between two annual audit __

Internal audit

Interim audit

Final audit

Continuous audit

Before the work of audit is commenced, the auditor plans out the whole of audit work is called ___

Audit plan

Audit note

Audit risk

Audit programme

Auditing and principles

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