✨CA INTER AUDIT QUIZ✨
QUES NO.19 - The securities premium account may be applied by the Company for the following purposes:
QUES NO.19 - The securities premium account may be applied by the Company for the following purposes:
Anonymous Quiz
4%
payment to creditors for material
3%
purchase of fixed assets
2%
repayment of loans
91%
writing off the preliminary expenses
✨CA FINAL AUDIT QUIZ✨
QUES NO.13 - Judgments about materiality are made in the light of surrounding circumstances, and are affected by:
QUES NO.13 - Judgments about materiality are made in the light of surrounding circumstances, and are affected by:
Anonymous Quiz
22%
The auditor’s perception of the financial information needs of users of the financial statements
41%
Both the auditor’s perception of the financial information needs of users of the financial stat.
25%
The size or nature of a misstatement
11%
The company’s control environment
👎1
💥Mock test Series for INTER AUDIT May 2025 Exams will commence from 03.02.2025 as per following details💥
✅ 6 Chapter-Wise Tests (25 Marks) and 1 Full Syllabus Test (100 Marks)
✅Tests will be based on ICAI Latest Exam Pattern
✅Tests will be evaluated by Ex – Examiner of ICAI
✅Discussion Video by Pankaj Sir will be provided for every Mock-test
✅Tests will be uploaded on Date of Test in Whatsapp Group and on Website LMS; Students registered for the Test Series need to download the test; Write down the answers in a Register/Loose Sheets; Make a Single PDF of Answer and E-mail at test.altclasses@gmail.com along with registration details; Evaluated Answer Sheet along with Remarks and Improvements Sought will be shared over Registered Mail Id.
✅ 6 Chapter-Wise Tests (25 Marks) and 1 Full Syllabus Test (100 Marks)
✅Tests will be based on ICAI Latest Exam Pattern
✅Tests will be evaluated by Ex – Examiner of ICAI
✅Discussion Video by Pankaj Sir will be provided for every Mock-test
✅Tests will be uploaded on Date of Test in Whatsapp Group and on Website LMS; Students registered for the Test Series need to download the test; Write down the answers in a Register/Loose Sheets; Make a Single PDF of Answer and E-mail at test.altclasses@gmail.com along with registration details; Evaluated Answer Sheet along with Remarks and Improvements Sought will be shared over Registered Mail Id.
Final Audit MCQ Session for May 2025 Exams 🔥
Ch. 1 - Quality control
👉 SQC -1 & SA 220
https://youtu.be/chSZAz7DMRQ
Ch. 2 - General Auditing Principles & Auditor Responsibilities
👉 SA 240 & SA 250
https://youtu.be/nPvrIGAdS1Q?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 3 - Audit Planning, Strategy & Execution
👉 SA 300, 315 & 320
https://youtu.be/o9bTYpEwpVg?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 4 - Materiality, Risk Assessment & IC
👉 Audit Risk & IC
https://youtu.be/D-RUvvgMkHs?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 5 - Audit Evidence
👉 SA 500 Series
https://youtu.be/v-9Fc6wEIK0
For books/class related queries:
👉 E-mail: altclasses11@gmail.com
👉 Ph.: 9319805511, 7260941195
For Online purchase of books/classes: Visit our web portal: www.altclasses.in
Stay Connected:
📹𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: https://www.facebook.com/ALTClasses/
📷𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦: https://www.instagram.com/altclasses11/
Ch. 1 - Quality control
👉 SQC -1 & SA 220
https://youtu.be/chSZAz7DMRQ
Ch. 2 - General Auditing Principles & Auditor Responsibilities
👉 SA 240 & SA 250
https://youtu.be/nPvrIGAdS1Q?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 3 - Audit Planning, Strategy & Execution
👉 SA 300, 315 & 320
https://youtu.be/o9bTYpEwpVg?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 4 - Materiality, Risk Assessment & IC
👉 Audit Risk & IC
https://youtu.be/D-RUvvgMkHs?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 5 - Audit Evidence
👉 SA 500 Series
https://youtu.be/v-9Fc6wEIK0
For books/class related queries:
👉 E-mail: altclasses11@gmail.com
👉 Ph.: 9319805511, 7260941195
For Online purchase of books/classes: Visit our web portal: www.altclasses.in
Stay Connected:
📹𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: https://www.facebook.com/ALTClasses/
📷𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦: https://www.instagram.com/altclasses11/
👍4
✨CA INTER AUDIT QUIZ✨
QUES NO.20 - Which assertion is common among the statement of profit and loss and balance sheet captions:
QUES NO.20 - Which assertion is common among the statement of profit and loss and balance sheet captions:
Anonymous Quiz
18%
Existence
16%
Valuation
47%
Completeness
19%
Measurement
✨CA FINAL AUDIT QUIZ✨
QUES NO.14 - The acceptable detection risk needs to be ______ in order to reduce the audit risk to ______ in the area of inventories management and handling.
QUES NO.14 - The acceptable detection risk needs to be ______ in order to reduce the audit risk to ______ in the area of inventories management and handling.
Anonymous Quiz
9%
low in order to reduce audit risk to an acceptably high level
6%
high in order to reduce audit risk to an acceptably high level
70%
low in order to reduce audit risk to an acceptably low level
15%
high in order to reduce audit risk to an acceptably low level
📢Key Highlights of Inter Audit - Regular Batch (Latest Recordings)🎯
👉Batch is applicable for May & Sep. 2025 Exams
👉 Total No. of Classes : 52 of 2.30 Hr. Approx.
👉 Total Duration: 120 Hrs. (Approx.)
👉 Mode of Classes: Google Drive/Android/Pen Drive
👉Recordings - For All Topics in which there are amendments New recordings will be provided; for other Topics - Recordings may be New or of Earlier batch.
👉Fees - Rs. 7,299 (12 Months Validity with Printed Books)
👉Books - Main Book, Cracker & Class Notes
👉Demo Link -
📚Lecture 1 - Introductory Topics
https://youtu.be/zV9jikK9A_s?list=PLf...
📚Lecture 2 - Introductory Topics
https://youtu.be/ZOLLp8YruAc?list=PLf...
📞 𝐂𝐚𝐥𝐥 𝐔𝐬: +91-7206941195 | +91-9319805511
🌐 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://altclasses.in
👉Batch is applicable for May & Sep. 2025 Exams
👉 Total No. of Classes : 52 of 2.30 Hr. Approx.
👉 Total Duration: 120 Hrs. (Approx.)
👉 Mode of Classes: Google Drive/Android/Pen Drive
👉Recordings - For All Topics in which there are amendments New recordings will be provided; for other Topics - Recordings may be New or of Earlier batch.
👉Fees - Rs. 7,299 (12 Months Validity with Printed Books)
👉Books - Main Book, Cracker & Class Notes
👉Demo Link -
📚Lecture 1 - Introductory Topics
https://youtu.be/zV9jikK9A_s?list=PLf...
📚Lecture 2 - Introductory Topics
https://youtu.be/ZOLLp8YruAc?list=PLf...
📞 𝐂𝐚𝐥𝐥 𝐔𝐬: +91-7206941195 | +91-9319805511
🌐 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://altclasses.in
👍3
✨CA INTER AUDIT QUIZ✨
QUES NO.21 - Direct confirmation procedures are performed during audit of accounts receivable balances to address the following balance sheet assertion:
QUES NO.21 - Direct confirmation procedures are performed during audit of accounts receivable balances to address the following balance sheet assertion:
Anonymous Quiz
20%
Rights and obligations
49%
Existence
17%
Valuation
15%
Completeness
👍2
Performance materiality” means the amount or amounts set by auditor at _ than materiality for the F.S. as a whole to reduce to an appropriately low level the prob. that the aggregate of uncorrected & undetected miss. _ materiality the F.S. as a whole.
Anonymous Quiz
15%
higher, exceeds
37%
less, exceeds
27%
less, falls below
21%
higher, falls below
👍1
Final Audit MCQ Session for May 2025 Exams 🔥
Ch. 1 - Quality control
👉 SQC -1 & SA 220
https://youtu.be/chSZAz7DMRQ
Ch. 2 - General Auditing Principles & Auditor Responsibilities
👉 SA 240 & SA 250
https://youtu.be/nPvrIGAdS1Q?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 3 - Audit Planning, Strategy & Execution
👉 SA 300, 315 & 320
https://youtu.be/o9bTYpEwpVg?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 4 - Materiality, Risk Assessment & IC
👉 Audit Risk & IC
https://youtu.be/D-RUvvgMkHs?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 5 - Audit Evidence
👉 SA 500 Series
https://youtu.be/v-9Fc6wEIK0
Ch. 6 - Completion & Review
👉 SA 560, 570 & 580
https://youtu.be/M_jNLx-W-u0
Ch. 7 - Reporting
👉 SA 700 Series & CARO 2020
https://youtu.be/g0UvaTdzNKg?list=PLfcnoa601tDCP8ayFTC1mn-r7XmEpmVKh
For any queries:
👉 E-mail: altclasses11@gmail.com
👉 Ph.: 9319805511, 7260941195
📹𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: https://www.facebook.com/ALTClasses/
📷𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦: https://www.instagram.com/altclasses11/
Ch. 1 - Quality control
👉 SQC -1 & SA 220
https://youtu.be/chSZAz7DMRQ
Ch. 2 - General Auditing Principles & Auditor Responsibilities
👉 SA 240 & SA 250
https://youtu.be/nPvrIGAdS1Q?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 3 - Audit Planning, Strategy & Execution
👉 SA 300, 315 & 320
https://youtu.be/o9bTYpEwpVg?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 4 - Materiality, Risk Assessment & IC
👉 Audit Risk & IC
https://youtu.be/D-RUvvgMkHs?list=PLfcnoa601tDCB-7CWz5TY7hwFuE2oLRlu
Ch. 5 - Audit Evidence
👉 SA 500 Series
https://youtu.be/v-9Fc6wEIK0
Ch. 6 - Completion & Review
👉 SA 560, 570 & 580
https://youtu.be/M_jNLx-W-u0
Ch. 7 - Reporting
👉 SA 700 Series & CARO 2020
https://youtu.be/g0UvaTdzNKg?list=PLfcnoa601tDCP8ayFTC1mn-r7XmEpmVKh
For any queries:
👉 E-mail: altclasses11@gmail.com
👉 Ph.: 9319805511, 7260941195
📹𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: https://www.facebook.com/ALTClasses/
📷𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦: https://www.instagram.com/altclasses11/
📢Final Audit - New Regular Batch for Nov. 2025 Exams & Onwards🎯
💥Key Highlights💥
👉Date of Commencement - 18.03.2025
👉Completion Date - 20.05.2025
👉Validity - 1 Year
👉View - 1.5
👉Duration. - 160 Hrs (Approx.)
👉Mode - Google Drive & Android
👉Fees - Rs. 9999 (20% Discount till 28.02.2025)
👉Books - Main Book, Cracker, Class Notes & MCQ Book
📞 𝐂𝐚𝐥𝐥 𝐔𝐬: +91-7206941195 | +91-9319805511
🌐 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://altclasses.in
💥Key Highlights💥
👉Date of Commencement - 18.03.2025
👉Completion Date - 20.05.2025
👉Validity - 1 Year
👉View - 1.5
👉Duration. - 160 Hrs (Approx.)
👉Mode - Google Drive & Android
👉Fees - Rs. 9999 (20% Discount till 28.02.2025)
👉Books - Main Book, Cracker, Class Notes & MCQ Book
📞 𝐂𝐚𝐥𝐥 𝐔𝐬: +91-7206941195 | +91-9319805511
🌐 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://altclasses.in
👍1
✨CA INTER AUDIT QUIZ✨
QUES NO.22 - Wages paid to workers would qualify as:
QUES NO.22 - Wages paid to workers would qualify as:
Anonymous Quiz
65%
Revenue expenditure
2%
Capital expenditure
32%
Revenue or capital expenditure depending upon facts and circumstances
0%
None of the above
🙈3👍1
✨CA FINAL AUDIT QUIZ✨
QUES NO.16 - The objectivity of the management’s expert is likely to be lesser if:
QUES NO.16 - The objectivity of the management’s expert is likely to be lesser if:
Anonymous Quiz
5%
The expert is competent
2%
The expert is capable
10%
The expert has relevant experience
83%
The expert is employed by the entity
👍3
✨CA INTER AUDIT QUIZ✨
QUES NO.23 - During the course of audit of intangible assets, expenditure incurred during following phase is not capitalised:
QUES NO.23 - During the course of audit of intangible assets, expenditure incurred during following phase is not capitalised:
Anonymous Quiz
10%
Development phase
76%
Research phase
7%
None of the above
6%
Both (a) and (b)
❤2👍2
✨CA FINAL AUDIT QUIZ✨
QUES NO.17 - Which of the following matters is irrelevant for auditor in planning attendance at physical inventory counts?
QUES NO.17 - Which of the following matters is irrelevant for auditor in planning attendance at physical inventory counts?
Anonymous Quiz
12%
Nature of inventory
12%
The timing of physical inventory counting
15%
The nature of the internal control related to inventory
61%
Whether 100% of inventory is covered in the count
👍3❤2
📢Final Audit - New Regular Batch for Nov. 2025 Exams & Onwards🎯
💥Key Highlights💥
👉Date of Commencement - 18.03.2025
👉Completion Date - 20.05.2025
👉Validity - 1 Year
👉View - 1.5
👉Duration. - 160 Hrs (Approx.)
👉Mode - Google Drive & Android
👉Fees - Rs. 9999 (20% Discount till 28.02.2025)
👉Books - Main Book, Cracker, Class Notes & MCQ Book
📞 𝐂𝐚𝐥𝐥 𝐔𝐬: +91-7206941195 | +91-9319805511
🌐 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://altclasses.in
💥Key Highlights💥
👉Date of Commencement - 18.03.2025
👉Completion Date - 20.05.2025
👉Validity - 1 Year
👉View - 1.5
👉Duration. - 160 Hrs (Approx.)
👉Mode - Google Drive & Android
👉Fees - Rs. 9999 (20% Discount till 28.02.2025)
👉Books - Main Book, Cracker, Class Notes & MCQ Book
📞 𝐂𝐚𝐥𝐥 𝐔𝐬: +91-7206941195 | +91-9319805511
🌐 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://altclasses.in
👍1
✨CA INTER AUDIT QUIZ✨Q. No. 24 - ___________ is the summary of significant matters identified during audit and way they are addressed:
Anonymous Quiz
50%
Audit File
17%
Audit Programme
26%
Completion Memorandum
8%
Checklists