Auditing and principles
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
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
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