internal auditor is appointed by mcq

2. 50. Audit programme is prepared by _____ b) Checking of employees d) Dual aspect 75. __________ is a risk that the practitioner expresses an inappropriate b) Shares forfeited Account b) Ascertain the earning capacity of the concern A 144. b) Financial An audit conducted throughout the year or at the regular intervals of time is c) Members of the company in general meeting b) Government and continuous audit C D 14. MCQ Tests for CA Final, Mock Tests for CA Final, Online Tests for CA Final, MCQ Tests for CA , CMA, CS The company has appointed CA. The internal auditors c. Management and those charged with governance d. An invitation to the public to subscribe the shares of the company is called______. Selling. A. Statutory and private. e) Shareholders a.) shall disclose in its financial statements. This analysis C 105. statements 6. d) None of the above It is conducted at regular intervalB. B 54. c) Audit report 163. b) Application controls a) Vouching 18 Which of the following statements is most closely associated with analytical procedure applied at substantive stage? C 100. a) Management 27. c) State Government Floating assets are valued at 52. Interim audit. a) Physical verification of assets B 64. a) The liability of auditor 37. a) Sole trading concern company, for any liability incurred by him in defending himself against any civil or a) Right of access to the books of account d) None of the above A 83. 12. a) Subscribed capital Allow the internal auditor to perform tests of internal control. B ... B. b) 2/3 majority a) Shareholders a) Internal b) Voluntary c) Statutory Answer : c) Statutory Audit 5.----- Auditor is the employee of the organization and appointed by the management. Documents obtained by auditor from third parties directly.C. 31. a) Offsetting error The value or the reputation of the firm is represented in the form of _______. within D 84. B. a) Audit committee Vouching is done ______. 19. c) Internal check c. 20% B 142. 7 Institute of Chartered Accountants of Pakistan was established in____________? b) Error of commission b) No a) Internal audit evidence d) London oil Storage Co. case Some of the tasks performed in an organization XYZ Pvt. The internal auditors must establish and maintain a system to monitor the disposition of audit results. D 106. c) Prospectus c) Corporate Frauds Investigation Office (CFIO) A 145. c) Over valuation of assets (adsbygoogle = window.adsbygoogle || []).push({}); Engineering interview questions,Mcqs,Objective Questions,Class Lecture Notes,Seminor topics,Lab Viva Pdf PPT Doc Book free download. Under valuation of assetsD. d) Form Curtailment of expensesB. a) Error appointment as an auditor, because a) Shareholders d) Need not possess any professional qualification b) Intangible assets d) None of the above of directors. 15. c) Refer certain points Auditing MCQs taken from previous NTS,PTS,FPSC,SPSC,PPSC,OTS, SBP IBP tests for government jobs in Pakistan.Prepare well for mcqs related to Auditing portion in tests ______ assets are those which may or may not materialise as assets in the c) Remuneration of an auditor d) Misfeasance D 113. d) All of the above b) Capital a) Balance sheet b) Records cash receipts and cash payments 18. d) All of the above a) Creditors statement The objectivity and integrity of the auditorC. Sufficient audit evidence is a measurement of ______ b) Internal audit a) Responsible & senior officers c) Asset protection Posted By: Faisal Wahab on: December 31, 2019 In: Auditing Mcqs (A) Erstwhile director (X) (B) Internal auditor () (C) Relative of a director (X) (D) Only (B. and (C. (X) a) Comptroller and Auditor-General of India 86. c) Occasional audit D 73. a) Owner a) Cash Book b) Secretarial audit 42. Both must be independent of the company. C. Internal audit system. 84. In comparison to the independent auditor, an internal auditor is more likely to be Staff specially appointed for the purposeB. c) Common key management d) Statutory body The auditor gives a ________ report when he is unable to give an opinion on the C 46. a) Logical Equivalence Checking a) Tangible assets a) Can be paid by way of dividends Who out of the following cannot be appointed as a statutory auditor of the company? Which of the following statements is correct? GovernmentD. A 155. It is expensive. 177. b) Sign the audit report Auditor’s consideration of materiality is influenced by the auditor’s perception of the needs of an informed decision maker who will rely on the financial statementsD. a) Interest on capital d) None of the above d) All of the above affairs of the client’s business. A 33. b) Audit report b) Capital reserve b) External audit evidence b) Appointment of an auditor Are designed to discover significant subsequent eventsC. d) Both a&b d) All of the above b) Branch office d) All of above Civil liability of an auditor implies liability for a) Misappropriation of cash b) Misappropriation of goods c) Fraud d) Misfeasance 19. b) Fraud c) Money measurement 77. a) The deviation from the accounting standards Audit of banks is an example of_____? Cost less depreciation. c) Employees External c) Copy of Sales Invoice a) 1/3 majority of_________ b) Removal of an auditor Depending upon nature audit evidence can be classified as_______ a) Statutory audit c) Responsibilities of an auditor A 68. b) Goodwill purpose. useful for future reference. d) Cost audit, 197. It helps to identify possible oversightsD. C 87. Over Valuation of assets, Testing of accounts and recordsB. 1. Gkseries provide you the detailed solutions on Auditing as per exam pattern, to help you in day to day learning. 15 When issuing unqualified opinion, the auditor who evaluates the audit findings should be satisfied that the___________? B 156. a) Wasting assets A. c) Time recording clock Supervisor of the staffD. b) Misunderstanding c) Depreciation b) Recalculation A 187. 131. 128. c) Firmness Submitted by: Rasool Bux. d) Decision making Errors of principleC. 17. c) Internal check a) Subscribed capital 83. 99. A. amount of known misstatement is documented in working papers. c) Statutory audit b) Performance audit 30. d) Checking the performance of management b) 4 C 166. b) Market price D b) Capital Investigation is required when 106. b) Adhere and not more than 6 months is called _______. D. All of the above. 157. a) Adverse report d) None of the above Cost or market price whichever is lowerD. Propriety audit refers to c) Fictitious assets a) Shareholders a) Commission book Bank statements obtained from the clientB. Confirmations from debtorsC. c. Study the internal control structure. a) Audit notes d. Both A&B, 8. d) None of the above 182. c) Companies Act, 1956 D 117. a) Auditors a) Liability under Companies Act 2013 152. At the planning state, the auditor considers materiality at the financial statement level only. A 44. B 178. B 141. d) Minute book ----- Audit comprises of instructions given by the Controller and Auditor General of India None of the above. c.) Not assign any task to the internal auditor because of the internal auditor's lack of independence. b) Internal check committee Mcq Added by: admin. A 173. A 151. C 122. 138. 160. 167. a) Qualified opinion c) Directors of the business 185. 153. If it is decided that the CEO should also be appointed chairman of the board, the corporation must disclose why this decision was made. c) Balance Sheet items 2. b) Nature D 76. a) Directors d) Audit by two firms of C.A B 163. Which of the following is not internal audit evidence? b) Cost c) Cost audit 162. c) Tax Audit 20. C. Final audit. b. the personal qualities which the auditor should possess. C 153. b) Internal audit b) Patents D 43. d) Internal control 1000 The reliability of audit evidence is influenced by its High Limited is a public limited company engaged in the manufacturing of watches. Civil liability of an auditor implies liability for known as _________. If there is capital loss, the auditor should A company can issue Redeemable Preference shares, if authorized by a) Checking errors and frauds d) 80 days of issue of prospectus b) Error of principle The auditor’s remunerationC. a) 7 D 116. 79. The scope of auditing does not cover. Carbon copies of sales invoices inspected by the auditorD. d) Paid- up capital account C 190. 25. c) Human resources 189. Copy right should be revalued at the date of the ________. 3. _______ is the examination of all documentary evidence which are available to D 170. b) RBI c) Government c) Lee. b) Internal auditor d) Skeleton 3 The scope of internal audit is decided by the___________? d) Central government C 127. b) Central Government c) Cash memos 104. Information gathered by auditor through observationD. b) Unqualified opinion d) None of the above The auditor’s report shall be attached to_________. d) The auditor and his audit assistants c) Postal sales Which of the following persons is qualified to be a company auditor? Which of the following are performed as risk assessment procedures? d) Head office a) Bank Reconciliation Statement d) All of the above c) Company audit fabrication team has become out of date or unserviceable. a) A person or entity under common control Auditing Mcqs Auditing Mcqs, Audit Mcqs for preparation of various posts i.e. d) Audit notes B 131. b) Under valuation of assets c) Shareholders c) Appointment of an auditor Which among the following is an example of intangible asset? b) Employee c) Investment in immovable property DirectlyD. b) Cannot paid by way of dividends a) Schedule of investments 21 Floating assets are valued at____________? d) Audit planning b) An omission of an amount or disclosure a) Sales at the counter Effective internal check system reduces ______ is a method of valuing the assts on the basis of purchase price of the c) Layout Versus Schematic a) New members a) Removal of an auditor 11. Not be included in the stockC. A 154. Computations made by the auditor. 147. c. both a and b. d. neither a nor b. c) In some cases “Auditor is not valuer” was stated in Internal auditor C. Supervisor of the staff D. Members of the staff. 192. 74. b) Work of auditor d) Statutory audit a) Financial position c) Auditor made b. management. Compensating errors are also known as _______. 72. a) Payment to vendors b) An audit plan 178. A 179. d) C & A-G. 17. procedures, code of conduct, and other factors to determine its effect on the society. Senior Auditor by Fpsc, Junior Auditor, Accountant, Internal Auditors, External Auditors. Powers and rights of an auditor include ________. a) Cost audit 191. The auditor should discuss the observation with the management and there is no need of any written communication. b. c) Failure to assist prosecution of guilty officers D 124. Investigation is carries on behalf of Misappropriation of goods may be checked by independent financial auditors. Auditor should see that amount received for premium on issue of shares should be We provide all important questions and answers from chapter Auditing. c) Inspection of securities A 55. A D 132. A 175. 67. c) Negligence b) Compulsory Both must be competent. d) All of these c) Government c) Be heard at the meeting d) Skeleton a) Visual evidence If an auditor is not appointed at annual general meeting, he is appointed by the d) None of the above c) ½ majority d) Continuous audit The external auditors b. For checking that allotment of shares has been properly made, an auditor should refer B 181. c) The financial effects, if any, arising out of such deviation Examination of vouchers related to assets.D. d) None of the above c) Documentary evidence C 167. By a government auditor. 142. a) Take legal & technical advice c) Matters relating to the year of audit Final audit implies Corporate Governance MCQs? c) Doubtful debts b) Agent b) Chartered accountant A 75. b) Shareholders Accounts and auditing questions are also helpful in auditor test preparation. Audit papers are the property of ______. h) State Government 132. Indicates important aspects of businessD. b) Man made 183. Internal check is a part of b) Error of omission C 95. 89. d) Audit of accounts at the end of the year c) Green box approach a) Board of directors c) Complete audit C 171. B 57. C 38. D 91. Gkseries provide you the detailed solutions on Auditing as per exam pattern, to help you in day to day learning. b) General position d) Accounting system D 123. 97. Falsification of accounts is undertaken by _______ is the specific guidelines and directions for efficient and effective c) An incorrect accounting estimates 28 When is evidential matter, generally, considered sufficient? B 99. 69. a) 20 d) None of the above c) Central Government 27 Which of the following factors is most important in determining the appropriations of audit evidence? While checking allotment of shares the auditor should see that it is made b) Balance sheet c) External Confirmation CostB. c) Tax b) Design Rule Check a) Fixed assets Estimates of the total likely misstatement cannot be made. D. Purchases. a) Checking wastages D 74. d) Identify the potential for fraud in the financial reporting process c) He is not wealthy D 152. D 96. The liabilities of an auditor can be ________. a) Statutory duties imposed by the Companies Act 5 Concurrent audit is a part of____________? C 189. 175. In big organizations, generally ___________ employed to push sales and to 8 Which of the following statements is not true about continuous audit? 165. D b) Liability under the Indian Penal Code When auditor does not have any objection regarding the information under audit then B. to know that all receipts and payments have been properly recorded. a) Final audit d) A practicing-chartered accountant, 7. C the strength of the organization’s ______ b) Vouching C 121. 21. a) Capital reserve (d) As an internal auditor, report the matter in the Internal Audit Report and check for the compliance of the same in the next audit period. A 161. relevant vouchers. 13 Which of the following statements is not correct about materiality? B 56. b) Board report AUDITING MCQS MULTIPLE CHOICE QUESTIONS AND ANSWERS (CMA MCQ) FOR B.COM/CA/CS/CMA EXAM AUDITING MCQS MULTIPLE CHOICE QUESTIONS AND ANSWERS (CMA MCQ) ... Internal auditor is appointed and removed by the . b) Audit undertaken to improve auditing systems 33. ______ is a method of obtaining audit evidence. b) 25 184. ManagementC. Duties of an auditor is _______. 39. 13. c) Negligence c) Internal check a) Internal control a) Larger concerns Your email address will not be published. 53. a) Investigation purchase an existing business is to Materiality is a relative conceptB. Internal audit systemD. While framing an audit plan auditor should ascertain his _____ cast by various b) On acquisition of running business c) Audit programme d) External audit d) Cash audit 155. 40. 134. Auditor is an ________ of a shareholder 32. b) Auditor c) Final, Interim, management audit C 197. b) To identify potential problems d) An insurer B 177. b) Audit certificate a) Accounting policies c) Both (a) and (b) A. B 162. d) Salary Sheet b) Amount received from Debtors b) Articles of association Internal check systemB. c) Piecemeal report a) Cost accountant a) Can act b) A blood hound c) ASB a) Management. Test checking is done when there is an effective system of ________. Internal control includes ________. b) Annual General Meeting (AGM) c) Circumstances 24. c) Unqualified opinion It may be carried out on daily basisC. B 107. d) The audit committee A 13. Effective internal control system provides reliable audit evidenceC. C 90. A company auditor can be removed before expiry of his term by A 32. c) Govt. 146. 80. b) Checking value of assets b) Internal accounting D 119. 35. Internal check is suitable for _______. The Auditors Working Papers are divided into two parts c) Registered office b) Efficiency audit D 168. a) Not legally compulsory d) Paid- up capital account, 11. c) Assess the level of materiality that is appropriate for the audit b) An employee of the company a similarity between external and internal auditors? 158. a) Audit programme b) Board of Directors If the financial statements do not comply with the accounting standards, the company d) All of the above d) All of the above An auditor most likely would be responsible for assuring that management communicates significant deficiencies in the design of the internal control: A. to a court-appointed creditors' committee when the client is operating under Chapter 11 of the Federal Bankruptcy Code. a. Market priceC. a) Yes 3. d) None of the above 63. c) Shareholders 171. 126. d) Reserved capital 29. 25% c) Government c) Examination accounts of propriety concerns 78. companies 25. D 86. b) Performance 108. a) Fixed assets d) None of the above b) Cannot act c) General c) Accountant Most Asked Technical Basic CIVIL | Mechanical | CSE | EEE | ECE | IT | Chemical | Medical MBBS Jobs Online Quiz Tests for Freshers Experienced. 5. a) Chairman of the company Adjusted interim financial statementsD. b) Internal control system b) Employees & Management By a person appointed by the managementD. Shareholders minute book should be vouched for 34. d) Creditors When it constitutes entire populationB. b) Perfect accounting system b) Company in general meeting 4. c) Audit programme 18. evidence relating to performance of an organisation as reflected in the environment Systems audit implies 103. d) Comptroller and Auditor General of India (C&AG) C 53. a) Financial d) All of the above B. 135. Object of verification of assets c) Legal compliance its incorporation the _______ may appoint the first auditors. c) Both internal audit and internal check d) Cost less depreciation This kind of audit is conducted generally between two annual audits. b) Audit working papers b) Allow payment of dividends a) Internal control Sec.143 of Companies Act 20913 deals with _____ c) Books of accounts of clients a) Audit note book b) Joint stock company Which of the following is not a kind of audit? A related party transaction may have the following features c) Journal proper 116. Charging excessive provision for depreciation results in B 169. Answer Answer. Protect the interests of the minority … If no auditors are appointed or re-appointed at the annual general meeting, the ______ d) Balance sheet and profit and loss account None of the above. A ________. a) Piece work statement d) Liabilities association, articles of association of a company. 111. c) External confirmation D 192. under _______. a) Interest on capital C 194. b) Goodwill costB. C 80. 137. c) External audit b) To avoid errors in the wage sheet The fundamental objective of the audit of a company is to: (a). 59. Which of the following is not a kind of audit? Government, the first auditor shall be appointed by _________ 29 Which of the following is not corroborative evidence? b) Audit working papers 120. B. d) All of the above d) Responsibility ________ are the assets which may arise on the happening of an uncertain event. A b) Sale transactions a) A watch dog D 31. Examining the physical existence and valuation of assets.B. Lower, Higher, LowerB. a) Limitations d) Enquiry against justification and necessity of expresses Depending upon source audit evidence can be classified as c. Transactions are not supported by proper documentation. B 63. d) current audit file and transitory audit file D 128. a) Error of commission financial years immediately preceding the relevant financial year. None of these. d) Certificate from the management b) Intangible assets b) London & General Bank case All statements are correct. C 92. 9 Internal check is carried on by___________? The prime importance of investigation on behalf of an individual or firm intending to a) Corporate office 140. It is needed when the organization has a good internal control systemD. Eshaan as statutory auditor of the company for the year 2018-19. Where the investigation is to be done on behalf of a limited company desiring Link to Auditing MCQs (PDF) is given below. A 30. _______ account D These quiz objective questions are helpful for competitive exams. Total fixed deposits should not exceed ____% of paid up share capital and B 138. c) Test audit file a) External b) Interim c) Internal Answer: c) Internal Auditor 6. Scope of Internal Audit. c) Audit programme c) A person who is indebted to the company for an amount exceeding Rs. 4. easy. fine can be imposed. Outstanding expenses should be verified with the help of d) None of the above The time spent by each worker should be correctly recorded in the _________. b) Correspondence with suppliers a) Internal audit 148. The primary responsibility for establishing and maintaining an internal control rests with a. _______ is a method of organising the accounting system of a business concern or a d) External audit Mcqs Provided here are very Important for Federal Public Service Commission Tests/examinations, National Testing Service etc IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG. c) Computation c) Allow payment of dividends after making such losses good B 34. Cost auditor submits reports to the: D. Continuous audit. a) Manager 129. c) Salesman 166. d) Every financial statement 38. C 29. c) Perpetuate errors and frauds and conceals them c) Examination of books, accounts or vouchers Auditing Multiple Choice Questions (MCQs) and Answers Test. The books of account etc. d) All of these 30% 23 Of the following, which is the least persuasive type of audit evidence? Estimate of the total likely misstatement is more than materially levelD. D 126. c) Confirmation a) Attendance card 96. B c) Audit plan c) 8 Home Auditing Mcqs. 16. 130. d) No change in loss a) Tailor made A 39. 145. Ltd. d) Wasting assets Prior year’s errorsB. a) Recording business transactions a) Annual report C 35. 22 Goods sold on the basis of ‘sales or return ‘ should: Be included in the stockB. Capital profits D 98. b) Investment in shares C 61. a) Source Application money should not be withdrawn unless A statutory auditor——– also as internal auditor of the company. Continuous auditC. c) The audit assistant (b) The name of the city/town only and not that of the state. On appointment of subsequent auditors, the company must give intimation within 7 Bonus shares are issued to _______. a) The board of directors b) Owners who are close family members c) Though can act but ethically should not act strategies, processes, and measurement indicators for critical success. A special auditor is appointed by the DSP Chartered Accountants have been appointed statutory auditors of Flakes Private Limited for the year 2016-17. Auditing Mcqs 0. b) Time record book Final auditD. A 129. ________ is the cash purchase related voucher. D 88. d) Bank pass book A 125. 21. ANSWER: a) Article 148 Article 148 provides for the office of Comptroller and Auditor General of India (CAG), while article 149 describes its role and functions, while Article 150 and 151 further describe the role of Comptroller and Auditor General of India (CAG). d) None of the above Auditing mcqs for nts, Auditing mcqs, Auditing mcqs for nts test pdf,Auditing mcqs in urdu, Auditing mcqs with answers in urdu pdf, pak studies mcqs for nts test with answers. c) Share Premium account 154. c) Reversal voucher 193. d) Sufficient and appropriate evidence ______ contains information pertaining to financial history, memorandum of b) Not legally required a) Internal audit b) Internal accounting c) External audit d) Internal control 18. d) None of the above C. Interim audit. 149. c) Premium account b) Sales by travelling agents 101. of the company shall be kept at the _________ of the c) Social audit c) Trust audit a) Matters of future importance B 182. d) None of the above c) Both a&b Estimates of the total likely misstatement is less than materiality levelC. shareholders who have not claimed the dividend. Unless a contingent liability is quite negligible, its existence should be disclosed by an May be eliminated for an account balance under certain conditionsB. d) Electronic auditing, ANSWER :- d) Audit certificate c) Internal audit c) Employer b) Liabilities b) Identify risks associated with the client’s strategy that could affect the financial 172. d) Ministry concerned execution of audit. b) Annual general meeting c) Internet auditing b) A body corporate c) Instructions Auditor finds that there is change in the method of valuation of stock whether he d. 49. financial statement taken as a whole, but he believes that he can express an opinion on Joint audit implies d) Certificate of incorporation d) None of the above ShareholdersB. The audit that is made compulsory under statute is called ________ d) Any manufacturing companies c) Punishment of employees c) Internal audit 105. Internal control system reduces the possibility of occurrence of employee fraud and management fraudC. d) None of the above c) Both (a) and (b) D 67. d) Statutory body The term “Audit” originated from the Latin word b) Blue box approach d) Compulsory as Income Tax Act b) Articles of association b) Smaller concerns c) Can be paid by way of dividend under certain conditions a) Efficiency audit c) Accountants 91. a) Resignation of the auditor Worksheet supporting consolidated financial statements, Most Important Art and Culture MCQs and Answers with FREE PDF, Biochemistry MCQs and Answers with FREE PDF. Checking of WastagesC. c) Compensating errors 143. ______ is a type of voucher. Auditor’s report is the expert’s opinion expressed by the auditor as to the fairness c) Right to attend general meeting b) Balance sheet C 125. Balance remaining in the forfeited Account after reissue is transferred to d) None of the above, 199. 55. a) Statutory 64. a) Valuation is a part of verification c) Logical equivalence checking 22. _______ are the documents prepared or obtained by the auditors in connection with Which of the option highlight the ... gateways. C 147. B 115. ______ followed by the enterprise affect the audit plan. 26. A. to verify the assets and liabilities. d) Tax audit Management audit otherwise called as _______. d) C & A – G b) Internal audit b) Audit working papers Will increase proportionately when the auditor decreases the assessed level of control riskD. A 188. D. if he is an auditor of the company. a) Purchase transactions Auditing begins where _____ends. d) None of the above Government have established the __________, a specialized, multidisciplinary organization to deal with cases of corporate fraud. B 27. 71. Not be checked by auditorD. The meeting held by the company with in a period of not less than one month a) Simplicity a) Fraud Investigation Office (FIO) Approach to computer auditing is known as _______. Lower, Lower, HigherC. Auditing Mcqs Concurrent audit is a part of_____? d) All of the above a) Going concern Internal auditor is an auditor appointed by the management. c) Estimation of value of good will C 149. a) SEBI d) Any general meeting D 97. d) None of the above b. c) Share Premium account d) Error of principle Auditor should see that amount received for premium on issue of shares should be shown in ______ 25 In an audit of financial statements, substantive tests are audit procedures that __________? Special resolution means ________. d) Extend of liabilities 180. D 42. d) 7 a) Special staff d) Remuneration of an auditor a) Shareholder A 37. a) Not allow payment of dividend d) All of the above d) Term of appointment & responsibilities a) Investment in Govt. b) Criminal Minutes of meetingsB. c) Employees Investigation of books of accounts and records is: It is the duty of the auditor to ________ to the members of the company on the Objectives of internal audit includes _________. Internal auditor of a company must be _______. b) Wage sheets 102. b) General standards prepared 188. c) Certificate to commence business obtained D. None of these. 51. d) None of the above d) Financial audit (c) The name of registrar of companies The time period of preservation shall be not less than______ b) Annual Members of the staff, Technical errorsB. The objective of the audit planning is ________ Payment for wages should be vouched with the help of c) Contingent assets Investment should be vouched with the help of as work done may be traced back to the individual staff members. Method of physical verification includes ___________. b) Quantity of audit evidence free reserves. Audit means _______. 6 Audit in depth is synonymous for____________? b) Actual D 120. c) Banking companies partially such errors are called _______. c) Central Government b) Inspection a) Cash book 174. c) Client d) Limitations of internal control system. It helps to discover material misstatements in the financial statementsC. B a) General reserve a) Cost 60. b) Shares Ledger a) Travelling agents To be reliable, evidence should conclusive rather than persuasiveB. b) Secured loans The quantity of audit evidenceD. 23. b) Balance book Audit programme helps in fixing the ______for the work done among the audit staff The auditor has a right to _________. 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