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Audit Quizzes & Trivia

The IRS! Just the sound of that four-syllable statement send women into a frantic panic and makes men tremble at the knees! Have you ever been audited? Do you know what an audit is? Do you know why they audit, what they look for and what happens if you haven't been aboveboard with all your paperwork? How often can a company be audited? Can only the government carry out an audit, or can separate third-party enterprises do it as well? And who audits them?

From accountants to lawyers, CEO to secretaries, no-one is safe from being audited, but they can be safe whilst being audited. Do you know how? Attempt our quizzes on audit to know more about an audit. 
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Quiz on the Internal Audit Function

Questions: 10  |  Attempts: 4635   |  Last updated: Jan 29, 2021
  • Sample Question
    The internal audit function is generally considered independent when it can carry out its work freely and ___________.

Dr. Hwangs final audit 416 multiple choice form book

Questions: 53  |  Attempts: 1139   |  Last updated: Aug 17, 2020
  • Sample Question
    The audit step most likely to reveal the existence of contingent liabilities is?

An audit is carried out in firms to affirm that their books of accounts reflect a true and fair view of the position of the company and note incidences where fraud has taken place. Test out what you know about audits by taking up...

Questions: 40  |  Attempts: 3404   |  Last updated: Jun 5, 2020
  • Sample Question
    Independent auditing can best be described as:

 

Questions: 10  |  Attempts: 588   |  Last updated: Jun 22, 2020
  • Sample Question
    A report is written only to be read by the Auditor.

Information needed to be known by all company employees for VPP audits.

Questions: 20  |  Attempts: 378   |  Last updated: Feb 19, 2013
  • Sample Question
    What does VPP stand for?
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