On completion of an audit _______serves the purpose of audit record which may be useful for future reference.

Related MCQs

• ………………… is the specific guidelines and directions for efficient and effective completion of the audit work on timely and daily basis, so as to minimise audit risk.
• Audit programme helps in fixing the ______for the work done among the audit staff as work done may be traced back to the individual staff members.
• An audit programme is a set of _______ which are to be followed for proper execution of audit.
• Audit programme provides instructions to the audit staff and reduces scope for
• For what minimum period should audit working papers be retained by audit firm?
• The performance audit may be initiated by the organisation or by ____.
• Which Audit is conducted to check the cost records of the company?
• Which of the following is not a kind of audit?
• Which of the following is not a kind of audit?
• Which of the following statements is, generally, correct about the reliability of audit evidence?