Govt Audit MCQs

By: Prof. Dr. Fazal Rehman Shamil | Last updated: July 28, 2024

1. Audit of Contract does not include:
(a) Propriety audit
(b) Efficiency-cum performance audit
(c) Audit of receipts
(d) Audit of expenditure
Efficiency-cum performance audit
2. The income Tax Department has sent Mr. X 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
Audit of receipts
3. 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
Audit of sanctions
4. In AG opinion, the coffins cases imported could have been replace with less expensive, domestically produced ones. This is an:
(a) Audit of sanctions
(b) Audit of stores and stocks
(c) Propriety audit
(d) Both (b) and (c)
Both (b) and (c)
5. Who will be appointed as an audit of 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
A chartered accountant in practice
(d) Any of the above
6. The statutory auditor of a Government Company submits his report to:
(a) The BODs of the company
(b) The C&G
(c) The Legislature
(d) The company secretary
The C&G
7. The part of Government Audit which checks money usage in 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
Audit of provision of funds

More MCQs on Auditing

1. Auditing MCQs
2. Basic Auditing MCQs
3. Cash Transaction Audit MCQs
4. Electronic Data Processing (EDP) MCQs
5. MCQs on Verification & Valuation of Assets in Audits
6. Financial Planning & Cost Accounting MCQs
7. Depreciation & Adjustment MCQs
8. Audit Internal Control MCQs
9. Govt Audit MCQs
10. Bill Exchange MCQs
11. Cash Book MCQs
12. Financial Planning & Cost Accounting MCQs
13. Treasury Audit MCQs
14. Control Account MCQs
15. Financial Accounting MCQs
16. Repeated MCQs of Finance
17. Bank Reconciliation Statement MCQs
18. MCQs on Account, balance, debit, & credit 
19. Financial Statement MCQs
20. Income statement MCQs
21. Account Errors MCQs
22. Capital Account and System Entry MCQs
23. Capital And Revenue Expenditure MCQs
24. Non-Profit Organization MCQs
25. Capital Account MCQs
26. Lease MCQs
27. Business Partnership MCQs
28. Auditing MCQs Past Papers
29. MCQs for Auditor Jobs
30. Scrutiny of Record for Audit Purpose MCQs