E-audit Review Quiz

20 Questions | Total Attempts: 52

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Audit Quizzes & Trivia

This quiz is to test your ability to understand E-audit review. Please choose the best answer.


Questions and Answers
  • 1. 
    What does 'E' means for E-Audit Binder?
    • A. 

      A) Exception

    • B. 

      B) Exit

    • C. 

      C) Electronic

    • D. 

      D) Easy

  • 2. 
    What is/are the advantage(s) of E-Audit?
    • A. 

      A) Cost effective

    • B. 

      B) Easier to review

    • C. 

      C) Easy access

    • D. 

      D) Easy storage

    • E. 

      E) Only A & D

    • F. 

      F) A, B, C, & D

  • 3. 
    What is/are the challenge(s) of E-Audit?
    • A. 

      A) Server space for storing

    • B. 

      B) Good internet connection

    • C. 

      C) Threat of losing data

    • D. 

      D) Only C

    • E. 

      E) A, B & C

  • 4. 
    What type(s) of document(s) can be used in the E-Audit? i) Word, ii) Excel, iii) PDF, iv) Screen shot.
    • A. 

      A) (i) only

    • B. 

      B) (i) and (iii) only

    • C. 

      C) (i), (ii) and (iii) only

    • D. 

      D) All

  • 5. 
    Where to put page index?
    • A. 

      A) Top left

    • B. 

      B) Bottom right

    • C. 

      C) Top right

    • D. 

      D) Bottom left

  • 6. 
    What is the font color of page index?
    • A. 

      A) Green and bold

    • B. 

      B) Black and bold

    • C. 

      C) Red and bold

    • D. 

      D) Blue and bold

  • 7. 
    What is the font color of preparer sign off?
    • A. 

      A) Green and bold

    • B. 

      B) Black and bold

    • C. 

      C) Red and bold

    • D. 

      D) Blue and bold

  • 8. 
    What is the font color of immediate reviewer (supervisor) sign off?
    • A. 

      A) Green and bold

    • B. 

      B) Black and bold

    • C. 

      C) Red and bold

    • D. 

      D) Blue and bold

  • 9. 
    What is the font color of final reviewer (manager) sign off?
    • A. 

      A) Green and bold

    • B. 

      B) Black and bold

    • C. 

      C) Red and bold

    • D. 

      D) Blue and bold

  • 10. 
    We need to put page index in all the pages under all the work papers and reports?
    • A. 

      A) False

    • B. 

      B) True

  • 11. 
    We need to create file index, when there are:
    • A. 

      A) More than one work paper

    • B. 

      B) Less than two work papers

    • C. 

      C) Only for (A) and (B)

    • D. 

      D) None

  • 12. 
    How does the reviewer put his review notes?
    • A. 

      A) By inserting table

    • B. 

      B) By inserting row

    • C. 

      C) By inserting comment box

    • D. 

      D) By inserting column

  • 13. 
    All work papers under E-Audit must be signed off by the reviewer.
    • A. 

      A) True

    • B. 

      B) False

  • 14. 
    Which is the correct font color for cross reference?
    • A. 

      A) Green and bold

    • B. 

      B) Black and bold

    • C. 

      C) Red and bold

    • D. 

      D) Blue and bold

  • 15. 
    In the complete E-Audit binder, all review notes should be removed.
    • A. 

      A) False

    • B. 

      B) True

  • 16. 
    Current Audit Report must be under folder/section "C"
    • A. 

      A) True

    • B. 

      B) False

  • 17. 
    You can send your large files (more than 10GB) of E-Audit binder to your immediate reviewer/final reviewer, through
    • A. 

      A) Facebook

    • B. 

      B) WV FTP server

    • C. 

      C) WV Central Website

    • D. 

      D) Via Lotus Notes

  • 18. 
    All the work papers should be attached under respective section/folder and in order.
    • A. 

      A) True

    • B. 

      B) False

  • 19. 
    How you can confirm that review notes are clear in the comment box?
    • A. 

      A) When reviewer send his review notes only

    • B. 

      B) When you response of the review notes only

    • C. 

      C) When reviewer writes "ok" after your response against review notes

    • D. 

      D) You have to call reviewer to know the status

  • 20. 
    To be in the same page, you should document the standard of E-Audit under
    • A. 

      A) Your government policies

    • B. 

      B) Your financial manual

    • C. 

      C) Your audit manual/department policies/meeting minutes

    • D. 

      D) None of the above