Multiple Choice
Which of these is the correct set of general financial audit objectives for income & expenditure account
A) Completeness, Occurrence, Measurement, Disclosure, Regularity
B) Completeness, Occurrence, Measurement, Disclosure, Existence
C) Completeness, Occurrence, Existence, Disclosure, Regularity
D) Completeness, Ownership, Measurement, Disclosure, Regularity
Correct Answer:
Verified
Correct Answer:
Verified
Q15: The Auditing Standards of the C&AG of
Q16: The general audit objectives are also called<br>A)Opinions<br>B)Assertions<br>C)Criteria<br>D)None
Q17: A financial audit is intended to give<br>A)Qualified
Q18: Financial (attest) audit is primarily concerned with
Q19: This financial audit objective directly tests for
Q20: Materiality is classified by<br>A)Context<br>B)Nature<br>C)Value<br>D)All of these
Q21: The legal right to sue and recover
Q22: Transaction audit essentially seeks to address the
Q23: Financial Audit of Autonomous Bodies receiving financial
Q25: If some item of revenue expenditure is