Final PN-17 Cost and Management Audit Quiz 4

Which of these is usually written in a form of a memorandum?

The backbone of any organisation is      

Which of the following is a kind of information report?

The main emphasis of Management Audit is:

Management audit is useful for

The management auditor’s work begins

Cost audit is a verification of cost records to estimate the            efficiency of a business

Which of the following statements are true about management audit?

Management auditor should be well versed with      .

A management auditor can recommend the most suitable system of flow of information 

Management auditor should have a thorough knowledge of    

If the auditor is satisfied for all five points , he will submit

XBRL is a language based on :

XML stands for what?

XBRL is the abbreviated form of :

SA 300 stands for    .

SA 230 stands for    .

Which of the following is not a type of audit opinion ?

During the planning stages of the final audit , the auditor believes that the probability of giving an inappropriate audit opinion is too high. How should the auditor amend the audit plan to resolve this issue ?

Arrange the following stages of an audit of cost statement in the correct sequence :

A. Performing

B. Planning

C. Reporting

Verification of assets involves a critical examination of

              is a written plan containing details with regard to the conduct of a particular audit .

Cost Auditor is appointed by :

Demerit of Audit Programme is :

Penalty paid to PF authorities is               in employee cost.