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Tamil Nadu Open University (TNOU) 2009-3rd Year B.Com .>>AUDITING>>E, .>> - Question Paper

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B.Com. DEGREE exam —
JUNE, 2009.
Third Year
(AY 2004–05 batch onwards)
AUDITING
Time : three hours Maximum marks : 75
ans for five marks ques. should not exceed two pages.
ans for 15 marks ques. should not exceed five pages.

part A — (3 ´ five = 15 marks)
ans any 3 ques..
1. elaborate the objectives of Auditing?
2. elaborate the advantages of Audit Programme?
3. elaborate the objectives of creation of Reserves?
4. elaborate the qualifications of an Auditor?
5. elaborate the advantages of auditing with computers?

part B — (4 ´ 15 = 60 marks)
ans any 4 ques..
6. “The works of Auditing starts where the works of Accountancy ends” – explain.
7. discuss the differences ranging from Auditing and Accountancy.
8. “Vouching is the backbone of Auditing”–Discuss.
9. discuss the significance of verification and evaluation of assets and liabilities.
10. Examine the differences ranging from investigation and Audit.
11. How can you verify the subsequent items?
(a) Plant and machinery
(b) Sundry creditors.
12. discuss the right, duties and liabilities of auditors.

————————

Wk 3

UG-725    BCO-34

B.Com. DEGREE EXAMINATION JUNE, 2009.

Third Year

(AY 2004-05 batch onwards)

AUDITING

Time : 3 hours    Maximum marks : 75

Answer for 5 marks questions should not exceed 2 pages.

Answer for 15 marks questions should not exceed 5 pages.

SECTION A (3 x 5 = 15 marks)

Answer any THREE questions.

1.    What are the objectives of Auditing?

2.    What are the advantages of Audit Programme?

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3.    What are the objectives of creation of Reserves?

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4.    What are the qualifications of an Auditor?

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5.    What are the advantages of auditing with computers?

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Answer any FOUR questions.

6.    The works of Auditing begins where the works of Accountancy ends - Discuss.

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7.    Explain the differences between Auditing and Accountancy.

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8.    Vouching is the backbone of Auditing-Discuss.

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9.    Explain the significance of verification and valuation of assets and liabilities.

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10.    Examine the differences between investigation and Audit.

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11.    How can you verify the following items?

(a)    Plant and machinery

(b)    Sundry creditors.

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12.    Explain the right, duties and liabilities of auditors.

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3    UG-725







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