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: Working papers serve as
A) Communication tool
B) Audit evidence
C) Office procedure
D) Legal contracts
Q: Control environment refers to
A) Budgeting process
B) Overall attitude toward controls
C) Legal framework
D) Physical safety
Q: Audit trail assists in
A) Hiding fraud
B) Tracing transactions
C) Recording payments
D) Preparing taxes
Q: Fraud triangle includes pressure, opportunity, and
A) Knowledge
B) Rationalization
C) Greed
D) Power
Q: Audit committee is part of
A) Compliance team
B) Customer relations
C) Board of directors
D) HR department