Top 50+ Solved Tax Audit MCQ Questions Answer

a. Any trading concern

b. Smaller concerns

c. Banking companies

d. Any manufacturing companies

a. Verification of accounts

b. Examination accounts of propriety concerns

c. Enquiry against justification and necessity of expresses

d. Audit of Govt. companies

a. Audit of accounts at the end of the year

b. Finally checking of accounts to reveal frauds

c. Audit for submitting report immediately at the end of the year

d. Audit of banking companies

a. Audit undertaken on behalf of the management

b. Evaluating performance of various management processes and functions

c. Audit undertaken on behalf of Govt. to punish management

d. Compulsory audit

a. Shareholders

b. Board of Directors

c. Central Government

d. C & A – G

a. C & A – G

b. Shareholders

c. Central Government

d. None of the above

a. A watch dog

b. A blood hound

c. A detective

d. An insurer

a. Financial

b. Cost

c. Tax

d. none

a. Final audit

b. Internal audit

c. Statutory audit

d. none

a. Management

b. Financial

c. Tax Audit

d. none

a. Statutory

b. Final

c. Continuous

d. none

a. Export of computer software, technical services outside Indi

b. Foreign projects.

c. Business of exports.

d. Backwards industries

a. Truth and fairness of Accounts.

b. Filled in the case of compulsory Audit.

c. Filled by Special Business.

d. Filled by government organizations.

a. Preliminary Expenses

b. Foreign projects.

c. Business of exports.

d. Backwards industries.