Financial Attest Audit Manual Set 4

On This Page

This set of Financial Attest Audit Manual Multiple Choice Questions & Answers (MCQs) focuses on Financial Attest Audit Manual Set 4

Q1 | A fundamental disagreement would lead to
  • disclaimer
  • qualified opinion
  • unqualified opinion
  • adverse opinion
Q2 | The primary responsibility for safeguarding the audited entity’s funds and assets and to preventfrauds or errors lies with its
  • employees
  • internal auditor
  • management
  • statutory auditor
Q3 | Policies, systems and procedures established by Comptroller and Auditor General to maintain ahigh standard of audit activity are also called
  • Quality control
  • Reasonable Assurance
  • Quality Check
  • Quality Assurance
Q4 | Teammate software is
  • a data extraction tool
  • a data analytic tool
  • an audit documentation tool
  • none of these
Q5 | COBIT is
  • a data extraction tool
  • an IT Audit framework
  • an audit documentation tool
  • none of these
Q6 | COBIT is developed by
  • SAI, India
  • INTOSAI
  • ICAI
  • IT Governance Institute and ISACA