1251. Management audit otherwise called as _______.
A. Final audit
B. Efficiency Audit
C. Cost Audit
D. Cash audit
✅ The correct answer is option B.
SSC
1252. The first auditors appointed by head office ____________.
A. for a period of one year
B. for a period of two years
C. for a period of three years
D. till the conclusion of the first annual general meeting
✅ The correct answer is option D.
1253. 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.
1254. /. Special audit is necessary for _________.
A. inefficient concern
B. processing concern
C. trading concern
D. manufacturing concern
✅ The correct answer is option A.
1255. 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.
1256. Treating revenue expenditure as capital expenditure is a case of _________.
A. fraud
B. misappropriation of cash
C. misappropriation of goods
D. manipulation of accounts
✅ The correct answer is option D.
1257. .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.
1258. Errors and frauds already committed can be discovered under the system of ________.
A. internal audit, internal check, internal control
B. external check
C. statutory audit
D. interim audit
✅ The correct answer is option A.
1259. 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.
1260. Recording a transaction twice in the books of original entry is an error of __________.
A. principle
B. commission
C. duplication
D. omission
✅ The correct answer is option C.