Auditing MCQs
Auditing MCQs cover audits, controls, standards, planning, procedures, risks, and reporting—ideal for ACCA, CA, ICMA, B.Com, MBA, and finance exams, ensuring conceptual clarity and practical application for academic and professional success.
Q: Records examined by auditors to support their conclusions
A) Working papers
B) Office registers
C) Legal documents
D) Annual reports
Q: Audit undertaken voluntarily by an organization is termed
A) Voluntary audit
B) Statutory audit
C) Internal audit
D) Tax audit
Q: Review conducted to assess the efficiency of internal controls
A) External audit
B) Internal audit
C) Compliance audit
D) Tax audit
Q: Opinion withheld by auditor due to lack of evidence is
A) Disclaimer
B) Qualified opinion
C) Adverse opinion
D) Unqualified opinion
Q: Audit work performed continuously during the year
A) Continuous audit
B) Final audit
C) Test audit
D) Interim audit