Auditing MCQ's



The main object of an audit is?

a) Expression of opinion 

b) Find Errors

c) Both (a) and (b) 

d) Depends on the type of audit - correct answer


A sale of Rs. fifty thousand to a was entered as a sale to b. this is an example of ?

a) Error of omission

b) Error of commission - correct answer

c) Compensating error 

d) Error of principle