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    Auditing 1 Mid Exam 2015

    Uploaded by

    oliifan Hunde
    This document contains an auditing principles and practice midterm exam for 4th year accounting students. It has two parts - Part 1 with true/false questions about the objectives and types of errors in auditing. Part 2 has multiple choice questions about auditing terms, including types of audits, evidence, and the main objective of an audit. The exam was prepared by Hunde Emiru and covers a range of fundamental auditing concepts.

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    © All Rights Reserved
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    Auditing 1 Mid Exam 2015

    Uploaded by

    oliifan Hunde
    135 views2 pages
    This document contains an auditing principles and practice midterm exam for 4th year accounting students. It has two parts - Part 1 with true/false questions about the objectives and types of errors in auditing. Part 2 has multiple choice questions about auditing terms, including types of audits, evidence, and the main objective of an audit. The exam was prepared by Hunde Emiru and covers a range of fundamental auditing concepts.

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    Auditing 1 mid exam 2015

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    This document contains an auditing principles and practice midterm exam for 4th year accounting students. It has two parts - Part 1 with true/false questions about the objectives and types of errors in auditing. Part 2 has multiple choice questions about auditing terms, including types of audits, evidence, and the main objective of an audit. The exam was prepared by Hunde Emiru and covers a range of fundamental auditing concepts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    135 views2 pages

    Auditing 1 Mid Exam 2015

    Uploaded by

    oliifan Hunde
    This document contains an auditing principles and practice midterm exam for 4th year accounting students. It has two parts - Part 1 with true/false questions about the objectives and types of errors in auditing. Part 2 has multiple choice questions about auditing terms, including types of audits, evidence, and the main objective of an audit. The exam was prepared by Hunde Emiru and covers a range of fundamental auditing concepts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Auditing principle and practice I mid exam for 4th year accounting

    students.(20%)

    Part I Say true or false (2 pts each)

    1.the main objective of the auditing is not detect errors and fraud

    2.error is intentionally and knowingly committed events

    3.Auditor should maintain partial attitude

    4.Auditing is preparation of financial statement for the users.

    Part II choice the needed answer. (2pts each)

    5.when transaction is totally or partially missed

    A.omission B.commission. C.compensate. D.principle. E none

    6.Tola recorded 5100 birr instead of 1500 this type of error is

    A,commission. B.omission. C. principle D. none

    7.______is refers how well auditing is conducted deeply

    A,objective of audit B.Demand of Audit C.plan of audit D.scope of


    audit .

    8.one is odd ....

    A, need for public negligence B. responsible to service public

    C .complex body of knowledge D .none E.all

    9.which one is different from the others

    Prepared by Hunde Emiru. 1


    A,Planning. B.competence. C.confidentiality. D.integrity E none

    10."Auditor should keep his aye and ear open but shut his mouth"

    A,confidentiality. B.confidence. C ,computational D, integrity

    Part II matching (2pts each)

    1.Oral testimony of auditee A.assurance service

    2.Improve the quality of information. B.form of evidence

    3.Non_statutory audit C.find true

    4.Statutory audit D.demanded by owner to audit

    5.Demand of audit. E.demanded by national law

    6.Accounting . F.must be chartered accountant

    7.Auditing . G.control mechanism

    8.Main objective of audit. H.under taken through the year

    I.detect errors and frauds

    Prepared by Hunde Emiru. 2

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