CUET-PG SERIES Commerce
Audit
4 previous year questions.
Volume: 4 Ques
Yield: Medium
High-Yield Trend
4
2025 Chapter Questions 4 MCQs
01
PYQ 2025
hard
commerce ID: cuet-pg-
Arrange the following steps in Audit process in the correct order:
(A). Formulation of audit plan.
(B). Issuance of audit report.
(C). Engagement of auditor
(D). Performing substantive procedures.
(B). Issuance of audit report.
(C). Engagement of auditor
(D). Performing substantive procedures.
1
(B), (A), (D), (C)
2
(A), (C), (D), (B)
3
(B), (A), (C), (D)
4
(C), (A), (D), (B)
02
PYQ 2025
medium
commerce ID: cuet-pg-
Match List-I with List-II
1
(A)-(II), (B)-(IV), (C)-(I), (D)-(III)
2
(A)-(III), (B)-(IV), (C)-(I), (D)-(II)
3
(A)-(IV), (B)-(II), (C)-(I), (D)-(III)
4
(A)-(II), (B)-(IV), (C)-(III), (D)-(I)
03
PYQ 2025
medium
commerce ID: cuet-pg-
Mr. Ram is a Chartered Accountant in practice. His sister is the CEO of XYZ Limited. State whether Mr. Ram is qualified or disqualified to be an auditor of the ABC Limited, which is a subsidiary company of XYZ Limited.
1
Not disqualified as per Section 141(3) of Companies Act, 2013
2
Disqualified as per Section 141(3) of Companies Act, 2013
3
Not disqualified as per Section 140(3) of Companies Act, 2013
4
Disqualified as per Section - 140(3) of Companies Act, 2013
04
PYQ 2025
medium
commerce ID: cuet-pg-
Audit carried out throughout the year to check effectiveness of internal control system of the organization is called:
1
Operational Audit
2
Concurrent Audit
3
Management Audit
4
Internal Audit