Recent

Show all results for ""

🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Create quizzes and tests automatically from your content using AI.

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

The smarter way to study – wherever you are.

Search...

Log in

Log in

Explore Auditing Regulations and the Meaning of 'Audit' in India

5 Questions

1 Views

Explore Auditing Regulations and the Meaning of 'Audit' in India

Created by

@StrongMoose

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is not necessary for the purpose of regulating the profession of auditing in India?

The Chartered Accountants Act 1949

Audit code formulated by the Auditor General of India

The Companies Act 1956

The income Tax Act 1961 and Income Tax Rules 1962 (correct)

What does the word 'Audit' mean?

To analyze

To investigate

To listen (correct)

To observe

What is the objective of auditing?

To analyze financial statements

To provide financial advice

To ensure compliance with tax laws

To detect and prevent frauds (correct)

What is the method of audit where a few selected transactions are checked?

<p>Test checking</p> Signup and view all the answers

In the famous case of 'London and General Bank Case', it was decided that an auditor is a...

<p>Watch dog</p> Signup and view all the answers

More Quizzes Like This

Explore the Fascinating World of Robotics

9 questions

Introduction to Robotics Quiz: Explore the Basics

Quizgecko

Explore Your Ideal Healthcare Career with This Engaging Quiz!

30 questions

Explore Your Ideal Healthcare Career with This Engaging Quiz!

WillingCyan

Explore the World of Information Sources

10 questions

Explore the World of Information Sources

PamperedJasper1917

Explore the Silk Road and Royal Road

47 questions

Explore the Silk Road and Royal Road

RadiantChalcedony

Use Quizgecko on...

Browser