✨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 -
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📚Lecture 2 - Introductory Topics
https://youtu.be/ZOLLp8YruAc?list=PLf...
📞 𝐂𝐚𝐥𝐥 𝐔𝐬: +91-7206941195 | +91-9319805511
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👉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
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📷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
✨CA FINAL AUDIT QUIZ✨QUES NO.18 - In the given case scenario, which is the most important red flag for auditor:
Anonymous Quiz
4%
Expensive Lifestyle
69%
Undisclosed related party relationships to siphon off the funds
5%
Financial Crunch
22%
The dominant influence of the owners
❤1👍1
🔥Inter Audit Fast Track Batch for May 2025 Exam & Onwards 🔥
👉 Total No. of Classes: 33 Lectures of 2.30 Hr. Approx.
👉 Total Duration: 70 Hrs. (Approx.)
👉 Mode of Classes: Google Drive/Android
👉 Recordings - Latest Recordings Applicable for May 2025 Exams.
👉 Fees - Rs. 1,899 (2 Months Validity with E-Books); Rs. 2,799 (2 Months Validity with printed Books); Rs. 4,149 (4 Months Validity with Printed Books)
👉 Books - Class Notes and Cracker
For Details and Purchase: https://altclasses.in/product/inter-auditing-fast-track-batch-google-drive-android-for-may-sep-2025-exams/
For academic updates and related contents:
👉Visit knowledge portal of www.altclasses.in
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
👉 Total No. of Classes: 33 Lectures of 2.30 Hr. Approx.
👉 Total Duration: 70 Hrs. (Approx.)
👉 Mode of Classes: Google Drive/Android
👉 Recordings - Latest Recordings Applicable for May 2025 Exams.
👉 Fees - Rs. 1,899 (2 Months Validity with E-Books); Rs. 2,799 (2 Months Validity with printed Books); Rs. 4,149 (4 Months Validity with Printed Books)
👉 Books - Class Notes and Cracker
For Details and Purchase: https://altclasses.in/product/inter-auditing-fast-track-batch-google-drive-android-for-may-sep-2025-exams/
For academic updates and related contents:
👉Visit knowledge portal of www.altclasses.in
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
❤1
✨CA FINAL AUDIT QUIZ✨ Q. No. 19 - What is excluded from the definition of "Firm"?
Anonymous Quiz
26%
Sole Practitioner
2%
Partnership
62%
Corporation
9%
Other entity of professional accountants
👍1
✨CA FINAL AUDIT QUIZ✨ Q. No. 20 - Where the auditor has doubts about the integrity or honesty of management or those charged with governance, the auditor may consider it appropriate to _____.
Anonymous Quiz
39%
Obtain legal advice
8%
Modify audit opinion
12%
Communicate to regulatory authorities
41%
Withdraw from the engagement
👍1
✨CA INTER AUDIT QUIZ✨Q. No. 25 - Identify the most appropriate statement:
Anonymous Quiz
8%
SA 220 applies at the level of firm
19%
SQC 1 is premised on the basis that firm is subject to SA 220
56%
SA 220 is premised on the basis that firm is subject to SQC 1
17%
SA 220 applies to all engagements