IGNOU| ELEMENTS OF AUDITING (ECO - 12)| QUESTION PAPER – (DEC - 2022)| (BDP)| ENGLISH MEDIUM

 

IGNOU| ELEMENTS OF AUDITING (ECO - 12)| QUESTION PAPER – (DEC - 2022)| (BDP)| ENGLISH MEDIUM

BACHELOR'S DEGREE PROGRAMME
(BDP)
Term-End Examination
December - 2022
ECO-12
ELEMENTS OF AUDITING
Time: 2 Hours
Maximum Marks: 50

 

Note: Attempt any five questions. All questions carry equal marks.


हिंदी माध्यम: यहां क्लिक करें

 

1. Define Auditing. Explain its objectives and importance. 2, 4, 4

2. "An auditor is watch-dog and not a blood- hound." Explain this statement. 10

3. What is continuous audit? Discuss its advantages and disadvantages. 3,7

4. What is routine checking? Explain its objectives and functions. 2, 4, 4

5. "Auditor must first review the internal check system prevalent in the organisation and then he must proceed for audit." Discuss this statement with examples. 10

6. "In vouching payment, the auditor does not merely seek proof that money has been paid away." Explain this statement with examples. 10

7. How would you verify the following? 5 each

(i) Trademark

(ii) Stock

8. Describe briefly the main provisions of the company law regarding the appointment and removal of an auditor. 5,5

9. Discuss the concept of Qualified Report. How does it differ from Clean Report? 5, 5

 

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(Read Syllabus/ Assignment, Notes, Exam Routine, Question Papers and solved)


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