Skip to content
MCQtimes.com
GK
Pakistan Studies
Current Affairs
Islamic Studies
English
MCQtimes.com
Toggle Menu
Auditing
Home
/
Auditing
- Page 3
Advance Accounting and Auditing
90
Scrutiny of Record for Audit Purpose
44
Mini Budget
18
Audit Evidence
1
Audit
82
Annual Budget
209
Internal Control
9
Settlement of Audit Objections
234
Show/Hide Answers
Audit
The factor that affect reasonable assurance include all of the following except:
Use of testing
Interest limitations of accounting and internal control
Remuneration of the auditor
Persuasive nature of audit evidence
Author:
rikazzz
Comment
Settlement of Audit Objections
An audit programme is:
a description, memorandum or an outline of the work to be done in a business
the rules and regulations prescribed for writing up the books of accounts
to gain knowledge of clients accounting system
a trial work
Author:
rikazzz
Comment
Advance Accounting and Auditing
Which one is not a feature of process costing?
Classification of costs into fixed and variable
Emergence of more than one product
Equivalent production
None of these
Author:
rikazzz
Comment
Annual Budget
According to constitution of Pakistan the Federal Government in respect of every financial year, cause to be laid before the National Assembly a statement of the estimated receipts and expenditure of the Federal Government for that year this statement is referred to as the:
Special Fund for Economic Uncertainties
Reconciliation with Appropriations
Proposed New Positions
Annual Budget Statement
Author:
rikazzz
Comment
Audit
Auditors of a joint stock company are appointed by ________
Directors of the company
Annual general meeting
election at the annual general meeting
debenture holders
Author:
rikazzz
Comment
Annual Budget
Inflation:
Reduces the cost of living
Reduces the standard of living
Reduces the price of products
Reduces the purchasing power of a pound
Author:
rikazzz
Comment
Annual Budget
What would be the most likely cause of an unfavorable labor rate variance together with a favorable labor efficiency variance?
The employment of more highly skilled staff than budgeted
Poor wage negotiation by the Human Resources manager
The employment of less well-trained staff than intended
Improved production efficiencies
Author:
rikazzz
Comment
Settlement of Audit Objections
The auditor while verifying prepaid insurance has concluded that there is inadequate insurance of building He should:
Modify his audit report
Insist it should be disclosed in the notes to financial statements
Write it in letter of weakness
Both A and C
Author:
rikazzz
Comment
Settlement of Audit Objections
In case of vouching, the auditor is least likely to examine authorization by appropriate authority in case of:
Bad beds written off
Sales returns
Purchase return
Discount allowed to customers
Author:
rikazzz
Comment
Settlement of Audit Objections
Which of the following information should a successor auditor obtain during the inquiry of the predecessor auditor before accepting engagement:
Information about integrity of management
Disagreement with management concerning auditing procedures
Review of internal control system.
(A) and (B)
Author:
rikazzz
Comment
Page navigation
Previous Page
Previous
1
2
3
4
5
…
69
Next Page
Next
Go to Page
Light
Dark
GK
Pakistan Studies
Current Affairs
Islamic Studies
English