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Default Bangalore University B.Com AF 5th Semester Auditing-I Exam paper

Provide me question paper for Bangalore University, B.Com, Accounting and Finance, 5th Semester, Auditing-I, (Paper 5.6) Examination ?

Here I am giving you question paper for Bangalore University, B.Com, Accounting and Finance, 5th Semester, Auditing-I, (Paper 5.6) Examination in PDF file attached with it ..

Bangalore University B.Com AF 5th Semester Auditing-I Exam paper

SECTION-A
1. Answer any 10 sub-questions. Each sub question carries 2 marks (10x2=20).
a) What are compensating errors?
b) State any 4 advantages of auditing.
c) Write any two elements of fraud.
d) What is confirmation?
e) What are intangible assets?
f) Define internal auditing.
g) Define verification of assets.
h) Define audit working papers.
i) State any two disadvantages of audit note book
j) State the different steps involved in using accounting software.
k) State any two precautions against disadvantages of audit programme.
l) Name the types of audit files.
SECTION-B
Answer any five of the following. Each question carries 5 marks.
2. Briefly state the advantages and disadvantages of interim audit.
3. Briefly state the instructions to be given to the client before commencement of actual
audit work.
4. State the important contents of audit note book.
5. Distinguish between Internal check and internal audit.
6. State the internal check procedure that should be adopted to avoid fraud in payment
of wages.
7. How do you verify Land and Building and Goodwill?
8. State the need for proper verification and valuation of stock in trade.
9. Explain 2 different ways in which computerized audit can take place.
SECTION-C
Answer any three of the following. Each question carries 15 marks.
10. Discuss briefly the advantages and limitations of auditing.
11. Suggest a system of Internal check in respect of Purchase of Raw materials of a
large manufacturing organisaton.
12. Explain in detail the different methods used to ascertain the cost price of stock.
13. Discuss the important and essentials of Audit Working papers.
14. Briefly discuss Permanent and current audit files and also state the advantages of
audit files.

Bangalore University B.Com AF 5th Semester Auditing-I Exam paper

SECTION-A
1. Answer any 10 sub-questions. Each sub question carries 2 marks (10x2=20).
a) What do you mean by auditing?
b) What is Statutory Audit?
c) What is Internal Control?
d) What is Embezzlement of cash?
e) Name the types of Audit Files.
f) What are Audit working papers?
g) What do you mean by teaming and lading?
h) Give any 2 examples of fictitious assets
i) Expand CAAT and give its meaning.
j) What do you mean by Contingent Liabilities?
k) Mention any 4 vouchers available in computerized accounting software.
l) What is accounting through the computer?
SECTION-B
Answer any five of the following. Each question carries 5 marks.
2. Distinguish between Internal Audit and Independent Audit.
3. What are the objectives of Internal check?
4. Distinguish between verification and valuation.
5. Mention any eight special points which an auditor should look into while auditing the
books of a club.
6. State the merits of continuous audit.
7. State the merits of an Audit Programme.
8. State the salient features of tally.
9. State the important contents of audit note book.
SECTION-C
Answer any three of the following. Each question carries 15 marks.
10. Explain various objectives of Auditing.
11. Derive a suitable system of internal check for wages.
12. How do you verify:
a) Stock
b) Debtors
c) Creditors.
13. Draft a Qualified Report.
14. What are the advantages and limitations of auditing under computerized
environment?

Last edited by Aakashd; February 12th, 2020 at 04:12 PM.
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