Auditing MCQs with answers for test preparation. Internal audit MCQs with answers for auditing tests online. Our MCQs cover a wide spectrum of auditing topics, including audit planning, internal audit, introduction to auditing, risk assessment, internal controls, audit evidence, and more.
A. recompute accrued income on the data of balance sheet
B. identify cases of unrecorded revenue
C. ensure proper disclosure in the balance sheet
D. None of them
A. Non-profit making entity
B. Corporate entity only
C. Any entity
D. Profit making entity
A. 38
B. 45
C. 32
D. 34
A. Standards on Review Engagement
B. Standards on Assurance Engagement
C. Standard on Quality Control
D. Standards on Auditing
A. Preparation of vouchers
B. Evaluation of internal control
C. Checking the vouchers
D. None of them
A. Adverse opinion
B. Unqualified opinion
C. Qualified opinion
D. All of them
A. Preparing tax computations
B. Advising on weaknesses in the internal control systems
C. Taking management decisions
D. Preparation of accounting records
A. distribution overhead.
B. administration overhead
C. works on cost.
D. selling overhead.
A. Accounts Receivable
B. Expenses
C. Inventory
D. Accounts Payable
A. Non-financial information
B. Financial information
C. a and b
D. None of them