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Old June 5th, 2014, 12:05 PM
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Default Re: F.Y.B.Com University of Mumbai Question Papers

Here I am giving you question paper for first year B com course examination organized by Mumbai university in PDF file attached with it ..

Section I-(Auditing)
Q.1 (a) What are the advantages and disadvantages of Auditing? Explain. 10
(b) Discuss the different techniques of Audit. 8

Q.2 (a) What are the qualifications and disqualifications of a Company Auditor? 8
(b) Explain the meaning and objectives of verification. 8

Q.3 (a) State the disclosure requirements relating to "Fixed Assets" as per Schedule-VI of the
Companies Act, 1956. 8
(b) What do you mean by Test check? What are its advantages and disadvantages? 8

Q.4 (a) Explain basic principles of Auditing. 8
(b) Scrutinise and comments on the following account appearing in the books of Kalakar Ltd. 8
Preliminary Expenses A/c
Date Particulars Amount Date Particulars Amount
10-01-07 To Bank A/c (paid to Raj Printers) 10,000 31-03-07 By Profit and Loss A/c 79,300
15-01-07 To Bank A/c (Natwarlal & Co. Solicitors) 26,500 31-03-07 By Balance C/d 3,17,200
25-01-07 To Equity Share capital
(Ramanlal, Promoter) 1,00,000
30-01-07 To Equity Share capital
(Rajesh, Promoter) 2,60,000
Total 3,96,500 Total 3,96,000

Q.5 Write short notes on any four of the followings:- 16
(a) Clean Audit Report.
(b) Casual Vacancy.
(c) Audit in Computer Environment.
(d) Vouching of Cash Sales.
(e) Audit Certificate.
(f) Internal Check

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