1.
____________ is a systematic examination of the books and records or a business?

2.
The term ‘Audit’ is derived from a Latin word “audire” which means___________?

3.
The main object of an audit is _____________?

4.
An auditor is like a_______________?

5.
Process of verifying the documentary evidences of transactions are known as___________?

6.
Auditing is compulsory for____________?

7.
Concealment of shortage by delaying the recording of cash receipts is known as_____________?

8.
The fundamental objective of the audit of a company is to_____________?

9.
The concept of stewardship means that a company’s directors________________?

10.
Why do auditors concentrate their efforts on material items in accounts?

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