1.
____________ is a systematic examination of the books and records or a business?
2.
The term ‘Audit’ is derived from a Latin word “audire” which means___________?
3.
The main object of an audit is _____________?
4.
An auditor is like a_______________?
5.
Process of verifying the documentary evidences of transactions are known as___________?
6.
Auditing is compulsory for____________?
7.
Concealment of shortage by delaying the recording of cash receipts is known as_____________?
8.
The fundamental objective of the audit of a company is to_____________?
9.
The concept of stewardship means that a company’s directors________________?
10.
Why do auditors concentrate their efforts on material items in accounts?
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