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CA Intermediate Paper 5

Audit Documentation

6 Questions from ICAI Mock Test Papers

Questions

6

Est. Time

12 min

Source

ICAI MTPs

Sample Questions: Auditing

Preview 3 of 6 questions from ICAI MTPs

1. Which of the following statement is appropriately suited to preparation of audit documentation?...

A) Audit documentation has to be prepared simultaneously as audit progresses.
B) Audit documentation has to be prepared 60 days after date of audit report.
C) Audit documentation has to be prepared when information is required by regulator...
D) Audit documentation has to be prepared 60 days after completion of audit work.

2. Audit documentation is owned by: -...

A) Client
B) Auditor
C) Team member responsible for documentation
D) Regulator

3. Which of the following is least likely to be included in audit documentation of a company engaged in manufacturing and export of goods?...

A) Previous years audited financial statements
B) Projected cash flow statement for next twelve months provided by management in s...
C) Statements showing dispatch of overseas consignments in accordance with delivery...
D) Statement showing verification of ageing of trade receivables as on date of bala...
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