Scrutiny of Record for Audit Purpose MCQs

By: Prof. Dr. Fazal Rehman | Last updated: May 29, 2025

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1. : What is the primary objective of scrutinizing records for audit purposes?



2. : Which of the following is NOT a step in the audit scrutiny process?



3. : Audit scrutiny involves:



4. : The main purpose of verifying vouchers during audit scrutiny is to ensure:



5. : Which type of audit is concerned with the review of financial records to determine compliance with laws and regulations?



6. : During audit scrutiny, the verification of account balances is primarily aimed at confirming:



7. : What is the purpose of analyzing financial ratios during audit scrutiny?



8. : Which document is typically NOT examined during audit scrutiny?



9. : In audit scrutiny, the term ‘vouching’ refers to:



10. : Which of the following is a part of internal control systems that auditors typically assess during scrutiny?



11. : During audit scrutiny, what does ‘substantive testing’ primarily focus on?



12. : Which audit technique involves selecting a sample of transactions for detailed examination?



13. : In audit terminology, what does ‘materiality’ refer to?



14. : Which type of audit evidence is considered the most reliable during audit scrutiny?



15. : Which auditing standard emphasizes the importance of professional skepticism during audit scrutiny?



16. : What is the primary objective of an auditor when conducting a ‘compliance audit’?



17. : During audit scrutiny, what does the term ‘analytical procedures’ refer to?



18. : Which of the following is NOT an example of audit trail documentation?



19. : Which audit approach focuses on identifying potential risks and assessing the effectiveness of risk management practices?



20. : What is the primary purpose of reviewing internal control systems during audit scrutiny?



21. : Which audit technique involves tracing transactions from source documents through to final records?



22. : During audit scrutiny, what does the term ‘sampling risk’ refer to?



23. : Which audit procedure involves comparing financial data with industry benchmarks and historical trends?



24. : What is the purpose of performing ‘test of details’ during audit scrutiny?



25. : Which audit evidence is considered the least reliable during audit scrutiny?



26. : What is the purpose of evaluating ‘management representations’ during audit scrutiny?



27. : What is the primary objective of conducting audit scrutiny on fixed assets?



28. : During audit scrutiny, the term ‘completeness’ refers to ensuring that:



29. : Which audit technique involves reviewing the consistency of accounting policies and practices?



30. : In audit terminology, ‘internal control’ refers to:



31. : Which audit approach focuses on evaluating the economy, efficiency, and effectiveness of resource utilization?



32. : During audit scrutiny, what does the term ‘audit trail’ refer to?



33. : What is the primary purpose of conducting ‘substantive testing’ during audit scrutiny?



34. : Which audit procedure involves assessing the adequacy of documentation supporting financial transactions?



35. : During audit scrutiny, what does the term ‘audit evidence’ refer to?



36. : Which audit standard emphasizes the need for auditors to maintain independence and objectivity?



37. : What is the purpose of performing ‘test of controls’ during audit scrutiny?



38. : Which audit technique involves examining the financial statements of similar organizations for benchmarking purposes?



39. : In audit scrutiny, what does ‘reliability’ of audit evidence refer to?



40. : What is the primary objective of reviewing ‘management representations’ during audit scrutiny?



41. : During audit scrutiny, what does ‘audit sampling’ involve?



42. : Which audit approach focuses on verifying compliance with specific laws and regulations?



43. : What is the purpose of conducting ‘analytical procedures’ during audit scrutiny?



44. : Which audit evidence is considered the most persuasive during audit scrutiny?



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