Nalanda Open University 2009 B.Com Final , Bachelor of Commerce, Part-I -II {Auditing} - Question Paper
Nalanda Open University Final Examination,
2009 Bachelor of Commerce,
Part-I Paper-II {Auditing}
Final Examination, 2009 Bachelor of Commerce, Part-I Paper-II {Auditing}
Time: 3.00 Hrs. Full Marks: 80
Answer any Five Questions. All questions carry equal marks. ttNt cFT 3tTT TTT I cfc 3Tcfc TRPT fl
1. Discuss principle and procedure of auditing.
2. Describe the objectives, advantages and limitation of audit.
3. What is internal check? Distinguish between internal check and internal audit.
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4. What is Deferred Revenue Expenditure? Discuss the duties of an auditor in respect of capital expenditure and revenue expenditure.
5. Distinguish between provisions and Reserve and state the auditors duties in relation to provisions and reserve.
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6. What do you know about valuation of liabilities? Discuss types of liabilities and their verification and valuation.
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7. Explain the legislative provisions related to payment of dividend.
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8. Examine the civil and criminal liabilities of an auditor.
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9. What is investigation? How does it differ from auditing?
10. Give the major provisions of the Companies Act in respect of Audit Report.
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