Auditing MCQs

A. Accounts examined by him

B. Every balance sheet and profit and loss account laid before a general meeting during his tenure

C. Every document that is a part of or ‘annexed to’ the balance sheet

D. Every document which is attached to the profit and loss account

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. Proper books of account

B. Accounting standards

C. Cess payable under section 441A

D. None of the above

A. He obtains a representation from each director

B. He obtains a management representation

C. He enquiries from Registrar of Companies

D. Any one of the above

A. i) only

B. Both (i) and (ii)

C. Both (i) and (iii)

D. All the above

A. i) only

B. i) and (iv) only

C. i), iii) and (iv) only

D. All of the above

A. The statutory auditor

B. chartered accountant in practice

C. Any chartered accounted who is not in practice

D. Both (a) and (b)

A. Issue a standard unqualified audit report

B. Issue a qualified report

C. Issue an unqualified report with ‘emphasis of matter’ paragraph

D. Disclaim opinion

A. Section 233(A)

B. Section 233A

C. Section 242(A)

D. Section 242A

A. Scope paragraph

B. Opinion paragraph

C. Scope and opinion paragraphs

D. Introductory, scope and opinion paragraph