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Senior Auditor Mcqs Multiple Choice Questions Online Preparation
Q: Audit of banks is an example of
Statutory Audit
Balance Sheet Audit
Concurrent Audit
Both a and b
All of the above
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Q: Concurrent Audit is a part of
Internal check system
Continuous audit
Internal Audit system
None
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Q: In Pakistan, balance sheet audit is synonymous to
Annual Audit
Continuous Audit
Detailed Audit
Statutory Audit
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Q: Audit in depth is synonymous for
Complete audit
Completed audit
Final audit
Detailed audit
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Q: Balance Sheet Audit Includes verification of
Assets
Liabilities
Incom and expense accounts where appropriate
All of the above
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Q: Which of the following statements is not true about continuous audit?
It is conducted at regular interval
It may be carried out on daily basis
It is needed when the organization has a good internal control system
It is expensive
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Economic Audit
Efficiency Audit
Expenditure Audit
Effectiveness Audit
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Property Auditor
Performance Auditor
Financial Auditor
None of the Above
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