CA Inter Audit Strategy, Planning and Programme — practice questions
24 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CA Inter Audit Strategy, Planning and Programme in the app →The establishment of the overall audit strategy and the audit plan is dealt with by Standard on Auditing (SA):The overall audit strategy sets the scope, timing and ___ of the audit:Compared with the overall audit strategy, the audit plan is:A written scheme listing the procedures to be followed to complete the audit is the audit:Adequate planning benefits the audit primarily by helping the auditor devote appropriate ___ to important areaObtaining knowledge of the client's business is regarded as ___ for effective audit planning:A well-designed audit programme should be:The amount set by the auditor below which misstatements are regarded as clearly immaterial relates to:An audit that is carried on continuously throughout the accounting year is a ___ audit:An audit taken up only after the books are closed at the end of the period is a ___ audit:In a surprise check, the auditor visits the client:A major advantage of an audit programme is that it ensures uniformity and that:A disadvantage of a rigid audit programme is that the work may become:The audit programme is essentially the detailed application of the audit:The direction, supervision and ___ of the engagement team are planned as part of the audit:Audit techniques are the methods and means adopted by the auditor for obtaining audit:Planning an audit is best described as:If circumstances change during the audit, the overall strategy and the audit plan should be:The nature, timing and extent of planned further audit procedures depend on the auditor's assessment of:Establishing the overall audit strategy assists the auditor in ascertaining the ___ necessary to perform the eIn planning, the auditor should consider the results of preliminary engagement activities such as:An audit programme typically lists, for each area, the audit ___ to be performed:The benefit that audit work can be clearly allocated among assistants is associated with the audit:The overall audit strategy guides the development of the more detailed audit: