SENIOR AUDITOR PAST PAPERS MCQs



Cash flow method of cash budget is suitable for preparing the long term estimates of :

  1. Cash inflow and out flows
  2. cash flow
  3. income flow
  4. none

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Turnover ratio is also called :

  1. productivity ratio , efficiency ratio
  2. efficiency ratio
  3. productivity ratio
  4. none

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Qualified auditor, in different companies will give the opinion on financial statement :

  1. qualified opinion
  2. unqualified opinion
  3. either a or b
  4. none

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Who is resemble to provide the unambiguous document :

  1. procurement department
  2. bidder
  3. both
  4. none

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Which of following statement is not true ?

  1. Same work as internal auditor direction
  2. prevention of errors and frauds
  3. both
  4. none

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