Q. ---------------- audit is compulsory for joint stock companies
✅ Correct Answer: (A)
Statutory
Audit Taxation MCQs and Notes
Q. -------------------- audit is not a statuary requirement
✅ Correct Answer: (A)
Management
Q. Audit under any statute in a country is called ------------------
✅ Correct Answer: (C)
Statutory audit
Q. A government Co. auditor may be appointed by the
✅ Correct Answer: (A)
C & A – G
Q. The objective of the audit planning is ________
✅ Correct Answer: (D)
All of the above
Q. Remuneration of an internal auditor is fixed by ______.
✅ Correct Answer: (A)
Management
Q. Final audit implies
✅ Correct Answer: (D)
Audit of accounts at the end of the year
Q. Internal check is suitable for _______.
✅ Correct Answer: (A)
Larger concerns