Auditing MCQs

By: Prof. Dr. Fazal Rehman | Last updated: May 21, 2025

1. : The Income Tax Department has sent Mr. X a double refund of advance tax. The Government Auditor detected:
(A) Audit of expenditure
(B) Performance audit
(C) Audit of stores and stock
(D) Audit of receipts

2. : Audit of debt, deposits and remittances does not cover:
(A) Audit of borrowings
(B) Audit of amortization of debt
(C) Audit of sanctions
(D) Remittance audit

3. : The statutory auditor of a Government Company submits his report to:
(A) The BODs of the company
(B) The C&AG
(C) The Legislature
(D) The company secretary

4. : Who will be appointed as an auditor of a Government Company?
(A) A chartered accountant in practice
(B) A chartered accountant whether in practice or not
(C) An auditor appointed by the C&AG
(D) Any of the above

5. : The part of Government Audit which checks money usage in the Appropriation Act is called:
(A) Audit of sanctions
(B) Audit of provision of funds
(C) Audit of rules and orders
(D) Audit of financial propriety

6. : Audit of transaction does not include:
(A) Propriety audit
(B) Efficiency-cum performance audit
(C) Audit of receipts
(D) Audit of expenditure