Audit Quizzes, Questions & Answers

The IRS! Just the sound of that four-syllable statement send women into a frantic panic and makes men tremble at the knees! Have you ever been audited? Do you know what an audit is? Do you know why they audit, what they look for and what happens if you haven't been aboveboard with all your paperwork? How often can a company be audited? Can only the government carry out an audit, or can separate third-party enterprises do it as well? And who audits them?

From accountants to lawyers, CEO to secretaries, no-one is safe from being audited, but they can be safe whilst being audited. Do you know how? Attempt our quizzes on audit to know more about an audit.

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Internal Audit Function Quiz

Internal audit is one of the most important organizational functions. Let's see how much knowledge you have about it with this 'Internal audit function' quiz. As the name suggests, an internal audit refers to the...

Questions: 15 | Attempts: 11570 | Last updated: Mar 17, 2024

Sample Question
The internal audit function is generally considered independent when it can carry out its work freely and ___________.

Efficiently

Effectively

Objectively

All of the above.

An Advanced Auditing Practice Test!

An audit is carried out in firms to affirm that their books of accounts reflect a true and fair view of the position of the company and note incidences where fraud has taken place. Test out what you know about audits by taking up...

Questions: 40 | Attempts: 5755 | Last updated: Mar 21, 2023

Sample Question
Independent auditing can best be described as:

A branch of accounting.

A discipline that provides assurance regarding the results of accounting and other functional operations and data.

A professional activity that measures and communicates financial and business data.

A regulatory function that prevents the issuance of improper financial information.

Audit Report Writing Quiz! Trivia

Questions: 10 | Attempts: 1407 | Last updated: Mar 20, 2023

Sample Question
A report is written only to be read by the Auditor.

True

False

Day 4: Blocked Party Screening, Grants, New Audit Wps, Global Fund Quiz

This quiz is to test your ability to understand Blocked party screening (Q's 1-3), Grants min stds(Q's 4-5), New Audit WPs/Global Fund(Q's 6-10) . Please choose the best answer.

Questions: 10 | Attempts: 200 | Last updated: Mar 19, 2023

Sample Question
What is the purpose of having Blocked party screening?

To give more work to the Finance staff

To ensure World Vision does not transact with terrorist groups

To address an audit finding

To meet Global Center standards

Audit Management Trivia Quiz!

Questions: 20 | Attempts: 240 | Last updated: Mar 20, 2023

Sample Question
There are 3 quick links available for the Audits Module.

True

False

Recent Quizzes

Target And Incentive Audit Sep'19

Target and Incentive audit Sep'19

Questions: 9 | Attempts: 596 | Last updated: Mar 21, 2023

Sample Question
How much you will get incentive on V15-Pro (8GB)

280

200

270

100

Quiz On Autocip Exception Logics-2

Quiz on AUTOCIP Exception Logics-2

Questions: 11 | Attempts: 116 | Last updated: Feb 2, 2024

Sample Question
Complete the AUTOCIP exception:Suspect Gross dividend value captured xxx does not correspond to calculated Gross dividend where________________________

DPS*Weighted average shares Value XXX

Gross Dividend/DPS Value XXX

DPS*No of shares outstanding Value XXX

None of above

Creating An Audit Plan - Day 2 Sapa Conference Fy 13

Creating an Audit Plan - Day 2 SAPA Conference FY 13

Quiz on Creating an Audit Plan - Day 2 SAPA Conference FY 13

Questions: 5 | Attempts: 122 | Last updated: Feb 13, 2024

Sample Question
Based on the presentation, which of the items listed are the phases or steps to developing a Strategic Internal Audit Plan?

Business Analysis

Risk Identification

Risk Analysis

Validation

Audit Planning

All of the above

Fy13 Annual Audit Conference Exam

FY13 Annual Audit Conference Exam

Topic No. of questions 1 Credibility 4 2 Audit universe 5 3 MWRAP table – objective and risks 5 4 Risks...

Questions: 50 | Attempts: 145 | Last updated: May 23, 2024

Sample Question
CREDIBILITY What is not a twin brother of “accuracy”, which is one of the important tips to maintain credibility?

Honesty

Being factual

Dishonesty

Truthfulness

Voluntary Protection Program Audit Questions

Information needed to be known by all company employees for VPP audits.

Questions: 20 | Attempts: 693 | Last updated: Mar 20, 2023

Sample Question
What does VPP stand for?

Verified Policy Program

Verified Protection Program

Voluntary Protection Program

Voluntary Policy Program

New Risk Based Audit Approach

New risk based audit approach

Please choose the best answer.

Questions: 10 | Attempts: 156 | Last updated: Mar 26, 2024

Sample Question
What are the first two columns in the ministry wide risk assessment project table (MWRAP)?

Risks, controls

Goals, risks

Risks, fraud risk

Risks, audit working papers

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Audit Quizzes, Questions & Answers

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