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Final PN-17 Cost and Management Audit Quiz 10

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Created on By CA Sonal Saboo

CMA Final

Final Cost and Management Audit PN-17 Quiz 10

This quiz is based on the CMA Cost and Management Audit paper.
Each question is multiple-choice with 4 options, and only 1 option is correct.
Attempt the quiz to test your understanding of CMA CMAD concepts.

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Category: Cost and Management Audit PN-17

1. The three stages of money laundering are:

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2. The primary objective of anti-money laundering regulations is to:

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3. The primary objective of forensic audit is to:

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4. A CMA conducting operational audit in a manufacturing company may review:

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5. A key difference between internal and external audit is:

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Category: Cost and Management Audit PN-17

6. Internal controls are evaluated periodically to:

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7. A key responsibility of IS/IT auditors in banks is to:

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8. Cyber security focuses on:

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9. A good CSR strategy contributes to corporate image because:

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10. ESG performance is often disclosed through:

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11. ESG Audit focuses on:

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12. Social cost-benefit analysis audit focuses on:

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13. CSR audit is closely linked to:

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14. A CSR audit helps to ensure:

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15. A reduction in output per unit of input usually means:

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16. Ratio analysis is mainly used to:

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17. Standard costing is mainly used to:

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18. Labour turnover ratio indicates:

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19. An efficient working capital policy aims to:

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20. Quick ratio excludes:

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21. A current ratio of less than 1 indicates:

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22. Working capital is defined as:

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23. Variable costs primarily change with:

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24. Contribution per unit helps in:

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