Most Important & Most Repeated MCQs

  • Annually
  • Monthly
  • Quarterly
  • None of these
  • b
  • The purpose of reconciliation is to find out the mistakes or errors in the financial statement.

  • The Audit Assistants
  • The Client
  • The Auditor and his Assistant
  • The Auditor
  • c
  • The auditor and his assistant prepared time table to examine the specific record. The coordination of whole team of auditor is necessary.

  • Substantive tests designed to evaluate the validity of management’s representation letter
  • Substantive tests designed to assess control risk.
  • Substantive tests designed to study relationships between financial and non financial
  • None of these
  • c
  • Assets
  • Liabilities
  • Income and Expense Account where appropriate
  • All of above
  • d
  • Balance Sheet Audit is an evaluation of accuracy of information which is entered in the balance sheet of organization.

  • Internal Check System
  • Internal Audit System
  • Continuous Audit
  • None of these
  • b
  • Concurrent Audit is a systematic regular basis Audit and timely occurred to verify the financial transaction.

  • 13
  • 18
  • 16
  • 15
  • c
  • Bearer Cheque
    Order Cheque
    Crossed Cheque
    Un-Crossed Cheque
    Account Payee Cheque
    Blank Cheque
    Anti Dated Cheque
    Post Dated Cheque
    Open Cheque
    Self Cheque
    Bankers Cheque
    Stale Check
    Gift Cheque
    Mutilated Cheque
    Travelers' Cheque
    Cancelled Cheque

  • 4
  • 5
  • 6
  • 7
  • a
  • There are 04 main types of accounting, which are:
    Tax Accounting
    Finance Accounting
    Cost Accounting
    Management Accounting

  • 03
  • 04
  • 05
  • 06
  • a
  • Internal Audit
    External Audit
    Internal Revenue Services Audit

  • کمپیوٹر سسٹم
  • نیٹ ورک
  • کیبل سسٹم
  • کوئی نہیں
  • B