Nature and Objectives of Auditing Quiz

Assurance of compliance with laws and regulations

Ensuring accurate routine checking programs

Verification of internal control

Detection of fraud and errors (correct)

Internal audit

Performance audit

External audit (correct)

Tax audit

Ensuring routine checking programs run smoothly

Preventing detection of fraud and errors

Verifying compliance with laws and regulations

Safeguarding assets and ensuring accuracy of financial records (correct)

<p>Substantive testing</p> Signup and view all the answers

<p>To identify irregularities and deviations from standard procedures</p> Signup and view all the answers