Start learning →

CA Final Due Diligence — practice questions — page 2

Explore 38 free Due Diligence questions in CA Final Auditing. Open each question or exercise to read its content, reference answers and available explanation.

Practise Due Diligence with Quill →

Due Diligence questions and exercises with answers

Showing questions 31–38 of 38.

The J-score assumes that which item is harder to manipulate than an asset's inflated value?Read the answer and worked solution →Which ICAI certificate course suits forensic accountants?Read the answer and worked solution →What kind of opinion must a UK expert witness give?Read the answer and worked solution →A forensic accountant checks a vendor list for names with no real business behind them. What is she looking for?Read the answer and worked solution →Forensic accountants help in which family law matter?Read the answer and worked solution →Why not use only internal audit checklists in a fraud probe?Read the answer and worked solution →Which modern technology helps forensic accountants parse large unstructured data quickly?Read the answer and worked solution →Which UK Act covers confiscation of crime proceeds?Read the answer and worked solution →

Worked practice questions

The J-score assumes that which item is harder to manipulate than an asset's inflated value?

  1. Share capital value
  2. Operating cash flows
  3. Director name lists
  4. Registered addresses
Show answer and solution

Correct answer: B. Operating cash flows

J-score presumes cash flows are harder to manipulate than inflated asset values, so it emphasises them.

Open this question →

Which ICAI certificate course suits forensic accountants?

  1. Forensic Accounting and Fraud Detection
  2. Insolvency and Bankruptcy Code Basics
  3. Direct Tax Planning and Returns
  4. Cost Management and Control Basics
Show answer and solution

Correct answer: A. Forensic Accounting and Fraud Detection

The ICAI certificate course on Forensic Accounting and Fraud Detection (FAFD) is listed among typical qualifications.

Open this question →

What kind of opinion must a UK expert witness give?

  1. One favouring the client
  2. One favouring the court
  3. Objective, unbiased opinion
  4. One by the lawyers
Show answer and solution

Correct answer: C. Objective, unbiased opinion

Expert witnesses in England and Wales are obliged to give an objective, unbiased opinion on matters within their expertise.

Open this question →

How to practise

  1. Choose a Due Diligence question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Auditing topics

Auditor's ReportOverview of Audit of Public Sector UndertakingsInternal AuditStandards on Auditing and Professional EthicsInternational Ethics Standards Board for AccountantsRisk Assessment and Internal ControlSpecial Features of Audit of Banks and Non-Banking Financial CompaniesAuditor's Report on Financial Statements