Question Paper BSNL Jonior Accounts Officers (JAO)
1. Auditor are-appointed by
(a) Board of Directors.
(b) Shareholders in the annual general meeting.
(c) Managing Director.
(d) Central Government
Ans b
2. In the case of a partnership the auditor is appointed.
(a) Under the partnership Act
(b) By the partners them selves.
(c) Under the chartered Accountants Act
(d) None of these.
Ans b
3. Auditing is compulsory in die case of
(a) Joint stock companies.
(b) Sole tradership
(c) Partnership
(d) AH of these.
Ans a
4. Balance sheet audit is useful when
(a) The concern is a big one
(b) The concern is a small one
(c) The internal check is weak
(d) The concern is a bank.
Ans c
5. The principal object of audit is
(a) To exhibit a true and fair view of the state of Affairs of the undertaking.
(b) Detection of errors.
(c) Detection and prevention of frauds.
(d) Checking accuracy of accounts.
Ans a
6. Internal audit is helpful in
(a) Making record ready for official audit.
(b) Prevention of errors and frauds.
(c) Detection of errors and frauds.
(d) Auditing for self-satisfaction.
Ans b
7. Audit in depth refers to
(a) Audit of each and every item of the account.
(b) Intensive audit of a few items.
(c) Audit of a few selected items.
(d) Detailed audit of each and every item.
Ans b
8. An audtior is like a
(a) Mad dog
(b) Watch dog
(c) Foolish dog
(d) Watchman.
Ans b
9. The audtior shall inform the Registrar of Companies in writing about his acceptance of appointment within
(a) 20 days
(b) 30 days
(c) 40 days
(d) 45 days
Ans b
10. A vacancy caused by the resignation of an auditor is filled only
(a) By the general meeting of the shareholders.
(b) By the Board of Directors.
(c) Company Law Board.
(d) By the Managing Director of the company.
Ans a
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