Auditing MCQs and Notes
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Q 1. Thevacancy caused by resignation of an auditor is filled by –
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Q 2. “Auditor is not valuer.” This statement was stated in –
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Q 3. Sale of Rs.50,000 to ‘A’ was entered as a sale to ‘B’. This is an example of –
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Q 4. Voucher relates to:
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Q 5. Valuation is the basis of :
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Q 6. The main object of vouching is :
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Q 7. Which of the following is not a duty of an auditor?
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Q 8. Internal Auditing Standards are issued by the –
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Q 9. Cost Audit under Section 233(B) of The Company Act is _____
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Q 10. Auditor of a _____ company does not have right to visit foreign branches of company.
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