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Basic Auditing MCQs

#1 The use of an audit engagement letter is the best method of assuring the auditor will have which of the following?

#2 An auditor who accepts an audit but does not possess the industry expertise of the business entity should

#3 The least important element in the evaluation of an audit firm’s system of quality control would relate to

#4 The primary purpose of establishing quality control policies and procedures for deciding on client evaluation is to

#5 Which of the following is not a quality control consideration on accepting a new client?

#6 An auditor obtains knowledge about a new client’s business and its industry to



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Salman Qureshi

Salman Qureshi is an Accountant by profession & he loves to write on Commerce & Management Sciences Subject to assist Students. Hope you guys will like his effort.

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