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Q. Under check system principle of_________ is followed.

Q. Under which of the following section auditor has a duty to enquire into six specified matters and report by exception?

Q. Payment for building purchased should be vouched with the help of

Q. Who among the following can be appointed as the auditor of company?

Q. Which of the following documents is not relevant for vouching of sales ________________

Q. In comparison to the independent auditor, an internal auditor is more likely to be concerned with

Q. Actual working hours 600, Budgeted production 88 units, Actual standard hours per unit 10. Efficiency ratio is:

Q. 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?

Q. The audit which is review of any of an entity’s operating procedures and method is known as:

Q. __________ is a systematic examination of the books and records or a business.