Question with Answer BSNL (JAO)
1. Government audit means
(a) Auditing of the accounts of Government departments.
(b) Auditing of companies by persons appointed by the Government.
(c) Audit under the provisions of law.
(d) Audit of Government company.
Ans a
2. Cost audit means
(a) Auditing the cost of goods produced.
(b) Audit of cost accounts.
(c) Audit by a cost accountant.
(d) Audit by A.C.A. of accounts.
Ans b
3. It is a right of the company auditor to have access
(a) To the books of account of the company.
(b) To the books of accounts and vouchers of the company.
(c) To all the statutory, statistical, costing and account books and vouchers of the company.
(d) None of these.
Ans c
4. A voucher is a
(a) Document in support of an entry made in the books of accounts.
(b) Invoice received from suppliers.
(c) Receipt issued to a customer for cash recieved.
(d) All of these.
Ans d
5. Except in special cases, the retiring auditor is automatically
(a) Re-appointed
(b) Dismissed
(c) Disqualified
(d) Suspended
Ans a
6. The company shall intimate to the auditor appointed stating that he has been appointed as auditor of the company within
(a) 30 days
(b) 20 days
(c) 10 days
(d) 7 days
Ans d
7. The liability of an auditor can be
(a) Civil
(b) Criminal
(c) Civil and /or criminal
(d) All of these
Ans d
8. The duties of auditor of a partnership firm are regulated by
(a) Partnership Act
(b) Partnership deed.
(c) Agreement between partnership and auditor
(d) Institute of chartered Accountants
Ans c
9. Under or over valuation of assets and liabilities are due to
(a) Clerical errors
(b) Errors of principles
(c) Fraudulent manipulation of accounts
(d) None of these
Ans c
10. Internal audit is helpful in
(a) Prevention of errors and frauds.
(b) Detection of errors and fraud
(c) Auditing items in depth.
(d) Final audit.
Ans a
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