Auditing Mcqs

A. purchase orders
B. sales orders
C. sales invoices
D. bill of loading

A. Daily cash sales summary
B. Salesmen’s summary
C. Monthly statements sent to customers
D. Bank statement

A. Unqualified oion
B. Qualified oion
C. Disclaimer of oion
D. Adverse oion

A. These are given by the directors of the company
B. These are given to adhere to requirements of section 211.
C. These are given by auditors of the company in auditor’s report
D. All of the above

A. unqualified oion
B. unqualified oion with reference to notes to the accounts
C. qualified oion
D. disclaimer of oion

A. Qualified oion
B. Disclaimer of oion
C. Adverse oion
D. Unqualified report with ‘an emphasis of matter’ paragraph;

A. the data of AGM
B. later than the date on which the accounts are approved in board’s meeting
C. earlier than the date on which the accounts are approved by the management
D. Both A. and B.

A. Unlimited liability
B. Manufacturing
C. Banking
D. Non­profit making

A. holders in an annual general meeting
B. holders in general meeting
C. Board of directors in board meeting
D. Any of the above

A. Obtain information and explanation
B. Obtain information and explanation from the employees and officers
C. Obtain information and explanation necessary for the purpose of audit
D. Both B. and C.