Multiple Choice Questions on Periodical audit is also called as ........ for Punjab Government (Allied) Exams Preparation

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Multiple Choice Questions

Periodical audit is also called as ........

Auditing Concept of Auditing
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    Periodical audit is also called as _________.

    Final audit.

    Correct Answer

    Interim audit.

    Incorrect Answer

     Balance sheet audit.

    Incorrect Answer

    Income statement audit.

    Incorrect Answer
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    Explanation:

    Periodical audit is also called as Final audit

    In Periodical audit  an auditor begins his work only after the accounting period has ended & he examines the financial transactions in a series of sessions or all at once.

    By: Parvesh Mehta
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    Saksham samadhiya

    What is taught by the mam says periodic audit is also called final audit Either mam is correct for the question paper is correct

    0 0 reply

    Ankur sharma

    yes Periodical audit is also called as final audit. Options have been rectified

     0 0 reply
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