Auditing MCQs with Answers

A. Profit making entity
B. Non-profit making entity
C. Corporate entity only
D. Any entity

A. Financial information
B. Non-financial information
C. Both (a) and (b)
D. None of these

A. Inventory
B. Accounts Payable
C. Accounts Receivable
D. Expenses

A. works on cost.
B. selling overhead.
C. distribution overhead.
D. administration overhead