ASSIGNMENT

“AUDITING”
BCOM – 3rd YEAR
 MULTIPLE CHOICE QUESTIONS
Q1. Auditing can be defined as :-
A . Preparation of books of accounts
B. An independent examination of books of accounts
C. preparation of costing records
D. none of these

Q2 . Auditor examines and varifies the

A. Costing records and cost statements
B. Financial records
C. Correspondence records
D. Managers records

Q3. under which act audit Is compulsory

E. Partnership act , 1932
F. Indian companies act , 1956
G. both A and B
H. None of the above
Q4. The principal objective of auditing is -
A. To exhibit a true and fair view of the state of affairs of the undertaking
B. detection of errors
C. prevention of frauds
D. None of these

Q5. Which one of the following is the function of auditor -

E. To examine the arithmetical accuracy of accounts
F. To detect and prevent the errors
G. to detect and prevent the frauds
H. all of the above

Q6. where book-keeping ends, there --

I. Auditing begins
J. accountancy begins
K. investigation begins
L. None of these

Q7. acccountancy begins where ----

M. Book-keeping ends
N. Auditing ends
O. Investigation ends
P. All of the above
Q8. auditing begins where --
A. Book keeping ends
B. accountancy ends
C. investigation ends
D. vouching ends

Q9.where investigation begins , there -

E. Accounting ends
F. Book keeping ends
G. accountancy ends
H. None of these

Q10. generally auditing is not necesssary for small sole trading business because :-
I. Legally it is not necessary
J. Its scope is limited
K. its proprietor has full control on it .
L. none of these
NOTE
NOTE –
– Please
Please submit
submit the
the soft
soft copy
copy of
of assignment
assignment by
by 13
13 thth january
january 2022
2022 on
on my
my official
official
wattsapp
wattsapp no
no 6397635767
6397635767 or
or email
email me
me at
at pgprakashgang@gmail.com .

NOTE
NOTE -- take
take the
the hard
hard copy
copy of
of assignment
assignment along
along with
with you
you when
when college
college open’s
open’s
up .

THANKS

PRAKASH
PRAKASH BABU
BABU
ASSISTANT
ASSISTANT PROFESSOR
PROFESSOR -- MANAGEMENT
MANAGEMENT
UTKARSH
UTKARSH BUSINESS
BUSINESS SCHOOL
SCHOOL