A. Vouching
B. Verification
C. Inspection
D. Auditing
✅ The correct answer is option B.
97. Civil liability of an auditor implies liability for
A. misappropriation of cash
B. misappropriation of goods
C. fraud
D. misfeasance
✅ The correct answer is option D.
95. An auditor is held criminally liable for
A. Loss to his client
B. Neglect of his duty
C. Offence against statutory provisions
D. Frauds
✅ The correct answer is option C.
93. An auditor is held liable under C.A Act 1949 for
A. negligence
B. misfeasance
C. Professional misconduct
D. breach of contract.
✅ The correct answer is option C.
111. __________ is a systematic examination of the books and records or a business.
A. Auditing
B. Vouching
C. Verification
D. Checking
✅ The correct answer is option A.
91. An audit which is compulsory by the law is __________.
A. Government Audit
B. Internal Audit
C. Cost Audit
D. Statutory Audit
✅ The correct answer is option D.
89. .Instruction of audit issued by controller and auditor general of India ________.
A. Statutory audit
B. Final Audit.
C. Management audit
D. Government audit
✅ The correct answer is option D.
87. Audit done by the employees of the business undertaking is called _______.
A. Final audit
B. Management Audit
C. Government Audit
D. Internal Audit
✅ The correct answer is option D.
85. This kind of audit is conducted generally between two annual audit ______.
A. Internal Audit
B. Interim audit
C. Final Audit
D. Continuous Audit
✅ The correct answer is option B.
83. Management audit otherwise called as _______.
A. Final audit
B. Efficiency Audit
C. Cost Audit
D. Cash audit
✅ The correct answer is option B.