Auditing - Study Mode

[#356] Which of the following statement is correct?
Correct Answer

(C) Investigation covers several years

[#357] For which of the following the company auditor has civil liability?
Correct Answer

(B) Negligence

[#358] With reference to techniques of auditing, which of the following statement is correct? (1) Routine checking means daily checking of books of accounts. (2) Test checking should always be applied in cash book. Select the correct answer using the option given below
Correct Answer

(D) Neither 1 nor 2

[#359] The auditor's permanent working paper file should not normally, include:
Correct Answer

(A) Extracts from client's bank statements

[#360] In case of a company, which of the following is not correctly matched?
Correct Answer

(A) Internal audit ⇔ Obligatory