Madras University (UnOM) 2007 B.Com - Question Paper

NOVEMBER 2007 21621/AZ5B
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Time : 3 hours Maximum : 100 marks
SECTION - A
Answer any TEN ques.
1.Explain the scope of auditing.
2.Wha tis 'Internal control'?
3.Define 'Verification of assets'?
4.State the importance of vouching .
5.What do you mean by 'Reserves'?
6.Mention the causes for depreciation .
7.Under what circumstances an auditor may be removed.
8.State the procedure for filling up of casual vacancy.
9.Define 'EDP'
10.Explain 'Auditing with computers'
11.What is 'Teeming and lading'?
12.Give the meaning for 'Audit programme'
SECTION -B(5*6=30 MARKS)
Answer any 5 ques.
13.Distinguish ranging from "auditing" and "accounting "
14.What are the contents of audit note book?
15.'Vouching is the back bone of auditing'- Explain?
16.How will you vouch sales ledger?
17.Explain the method of charging depreciation for wasting assets.
18.State the qualification of an auditor.
19.Point out the approaches to EDP auditing .
20.Mention the differences ranging from 'Internal audit' and 'Statuatory audit'.
SECTION -C (20*2=40 MARKS)
Answer any 2 ques.
21.Discuss the classification of audit.
22.How will you verify?
23.What are the powers and duties of a company auditor?
24.Discuss the impact of computerisation on audit approach.
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Earning:   Approval pending.