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.Management Sciences
A. Expression of opinion
B. Detection and Prevention of fraud and error
C. Both (A) and (B)
D. Depends on the type of audit.
Related Mcqs:
- An auditor is like a_______________?
- A. Blood haunt B. Watch dog C. May both according to situation D. None of these...
- Internal audit is undertaken:
- A. By independent auditor B. Statutorily appointed auditor C. By a person appointed by the management D. By a government auditor...
- Which of the following is not an advantage of the preparation of working paper?
- A. To provide a basis for review of audit work B. To provide a basis for subsequent audits C. To ensure audit work is being carried out as per programme D. To provide a guide for advising another client on similar issues...
- Which of the following is not a revenue expense?
- A. Cost of raising a loan B. Cost of accessories of motor vehicles spent at the time of purchase C. Expenses incurred for laying of sewers on land purchased D. Insurance premium paid at the time of registration of the ship...
- To test whether sales have been recorded, the auditor should draw a sample from a file of__________?
- A. purchase orders B. sales orders C. sales invoices D. bill of loading...
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