(A) 1 year
(B) 3 years
(C) 5 years
(D) 8 years
The answer is: (C) 5 years
Category: Auditing MCQs
Basic Auditing Multiple Choice Questions (MCQs) Test with Answers.
ISA 200 required the auditor to adopt an attitude of professional ________ when planning and performing an audit.
(A) kindness
(B) openness
(C) trustworthiness
(D) skepticism
The answer is: (D) skepticism
What type of auditing standard is applied in the audit of historical financial information?
(A) ISAs
(B) ISREs
(C) ISAEs
(D) ISRSs
The answer is: (A) ISAs [International Standards on Auditing]
What type of auditing standard is applied in the review of historical financial information?
(A) ISAs
(B) ISREs
(C) ISAEs
(D) ISRSs
The answer is: (B) ISREs [International Standards on Review Engagements]
IFAC is an abbreviation of
(A) International Federation of Accountants
(B) International Federation of Accounting
(C) International Financial Accounting Concepts
(D) International Financial Auditing Concepts
The answer is: (A) International Federation of Accountants