Audit programme is prepared by____________?

Related Mcqs:

Floating assets are valued at____________?

A. cost B. Market price C. Cost or market price whichever is lower D. Cost less depreciation...

Goods sold on the basis of ‘sales or return ‘ should:

A. Be included in the stock B. Not be included in the stock C. Not be checked by auditor D. None of the above...

Of the following, which is the least persuasive type of audit evidence?

A. Bank statements obtained from the client B. Documents obtained by auditor from third parties directly. C. Carbon copies of sales invoices inspected by the auditor D. Computations made by the auditor...

The auditor’s permanent working paper file should not normally, include__________?

A. Extracts from client’s bank statements B. Past year’s financial statements C. Attorney’s letters D. Debt agreements...

For what minimum period should audit working papers be retained by audit firm?

A. For the time period the entity remains a client of the audit firm. B. For a period of ten years C. For a period auditor opines them to be useful in servicing the client D. For the period the audit firm is in existence....