Top 5 MCQs Ask In Every ICAI Exam, Check Result 

Top 5 MCQs Ask In Every ICAI Exam, Check Result 

How many of them can you guess correctly?

1

QN. The main objective of financial audit is________

a) Expression of opinion b) Detection and prevention of fraud and error c) Designing internal control system d) All of these

ANS.

(A)

2

QN. Auditor gives ________ regarding the financial statements

a) True and fair view  b) Correct view  c) Fair view  d) Completely true

ANS.

(B)

3

Auditing begins where__________ends.

a) Selling  b) Inventory valuation c) Accounting  d) Purchase

ANS.

(D)

4

Which type of organizations use auditing services?

a) Non-profit-organizations  b) Business  c) Governments  d) All of the above

ANS.

(C)

5

Auditing should be

a) Independent  b) Compulsory  c) On the request of government  d) None of the above

ANS.

(A)