Page 53 - CA Inter MCQ Book

CA RAVI TAORI CA INTER AUDIT MCQs

c) Both subjective and objective analysis
d) qualitative analysis

230.9 N19M / M19M/SM21
Which of the following is correct:

a) The auditor shall assemble the audit documentation in an audit file and complete the
administrative process of assembling the final audit file on a timely basis after the date of the
auditor’s report.
b) The auditor shall assemble the audit documentation in an audit file and shall not complete the
administrative process of assembling the final audit file.
c) The auditor shall assemble the audit documentation in an audit file and complete the
administrative process of assembling the final audit file on a timely basis before the date of the
auditor’s report.
d) The auditor shall not assemble the audit documentation in an audit file

230.10 #Unique SM21
______ may be defined as one or more folders or other storage media, in physical or electronic

form, containing the records that comprise the audit documentation for a specific engagement.
a) Audit File
b) Audit evidence
c) Completion Memorandum
d) both (a) and (b) above

230.12 N19R
An important factor in determining the form, content, and extent of audit documentation of
significant matters is the extent of _____ exercised in performing the work and evaluating the
results.
a) professional skepticism
b) professional integrity
c) professional judgment
d) Professional sincerity

230.13 M19M

Which of the following is not an example of audit documentation:
a) Audit programmes
b) Summaries of significant matters
c) Audit file
d) Checklists

230.14 SM21
As per SQC-1 “An appropriate time limit within which to complete the assembly of the final audit

file is ordinarily not more than ______days after the date of the auditor’s report”.
a) 30
b) 60
c) 90
d) 45

230.15 #Unique N19M/SM21
Standard on Quality Control (SQC) 1 provides that,
a) unless otherwise specified by law or regulation, audit documentation is the property of the
management.

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