Audit Theory Quizzes & Trivia

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A multiple type of question in the subject audit theory . Each question will have four multiple choice represented by letters a, b, c and d. After every question the correct answer will be displayed.

Questions: 15 | Attempts: 3959 | Last updated: Nov 24, 2017

Sample Question
Broadly define, the subject matter of any audit consists of

Financial statement

Economic data

Assertions

Operating data

None of the above

Auditing Theory - Preboard # 1

This is a MOCK BOARD Exam composed of 50 questions. Please assess yourself truthfully. Take this quiz only once so that you will not be banned from taking again. Provide as your fullname and school so that we could give proper...

Questions: 50 | Attempts: 4925 | Last updated: Jan 22, 2013

Sample Question
Which of the following best describes “high level of assurance”?

It refers to the professional accountant having obtained evidence based on procedures agreed upon between the practitioner and the intended users to be satisfied that findings be reported to the intended users.

It refers to the professional accountant having obtained sufficient external and internal appropriate evidence to be satisfied that the subject matter is plausible in the circumstances.

It refers to the professional accountant having obtained sufficient appropriate evidence to conclude that the subject matter conforms in all material respects with identified suitable criteria.

It refers to the professional accountant having obtained sufficient evidence to conclude that he has no knowledge of any required modifications to be made in the financial statements in order for them to conform of prescribed criteria.

Auditing Theory

Questions: 10 | Attempts: 691 | Last updated: Jan 22, 2013

Sample Question
Which organizations operate to enforce ethical conduct among certified public accountants?

The SEC and state boards of accountancy.

The AICPA, state societies of CPAs, and state boards of accountancy.

The AICPA, state societies of CPAs, and the SEC.

The National Association of State Boards of Accountancy.

An Interesting Quiz On Audit Theory

The objective of an audit of financial statements is to enable the auditor to express an opinion whether the financial statements are prepared, in all material respects, in accordance with an identified financial reporting...

Questions: 9 | Attempts: 2072 | Last updated: Oct 11, 2018

Sample Question
The series of tasks and records of an entity by which transactions are processed as a means of maintaining financial records.

Computer information system

Internal control system

Accounting system

Control environment

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