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CA Intermediate Paper 5

Completion and Review

5 Questions from ICAI Mock Test Papers

Questions

5

Est. Time

10 min

Source

ICAI MTPs

Sample Questions: Auditing

Preview 3 of 5 questions from ICAI MTPs

1. An auditor of a company communicates significant findings from audit with those charged with governance in the company. Which of the statements is false in regard to communication made?...

A) Evaluation of adequacy of communication process is required on part of the audit...
B) Planned scope and timing of audit has also to be communicated.
C) Communication of rationale behind audit procedures is necessary.
D) Significant difficulties encountered during audit, if any, have to be communicat...

2. Written representations are: -...

A) Necessary audit evidence
B) Sufficient appropriate audit evidence
C) Not audit evidence
D) Audit evidence depending upon auditor’s professional judgment

3. Which of the following is false regarding communication of misstatements identified during course of an audit?...

A) The auditor should request those charged with governance for correction of ident...
B) The auditor should obtain written representation acknowledging management belief...
C) The auditor should obtain written representation acknowledging management belief...
D) The auditor should communicate effect of uncorrected misstatements related to pr...
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