2 o v c c

(8 pages)
S.No. 1144 19UCM13/19UCC10/
19UAF11/19UFA12

For the candidates admitted from 2019-2020 onwards)

B.Com. DEGREE EXAMINATION, DECEMBER 2022.

Fifth Semester

AUDITING

(Common for CA, A & F, FMA)

Time: Three hours Maximum: 75 marks

PART A-(15x 1 =15 marks)

Answer ALL questions.

1. Auditing can be defined as

(a) Preparation of books of accounts
of
(b) An independent examination of books
accounts

(c) Preparation of costing records

(d) None of these
o16M TuiglÉ55a)TLD
600Tlés 605 0u olaJD
( ) 660TÉ (5Ü LI`55 til560 eTS 5umta5d

(
Glsma LIga506T 5UmBd
(FF) nal crgiajb ábna)
2. Audit note book contains
(a Dates of reference
(b) Detail of work done
(c) List of unobtained and
incomplete vouchers
(d) All of the above

( ) DlÜy G58s6T
()GleUuÜLLL Goumauil oOT ooJgb
( GlupüuLs LDDgb LP60LDLI6 LUms
ET6OTMI&LGEatl 6oT LILL.I6
(FF) GLDGa e 61T6TT160
60155|LD
3 Which of the following proves helpful in
in
declaration of interim dividend?2
(a) Periodical audit
(b Balance sheet audit
(c) Continuous audit
(d) All of the above
g6L85T) FFOLS5T6D5 Aplaili9d
60T 5016016J DDl) 6T5
2 50l5JLDms 26T6T?
(1) E5T 560tlé6m5
( 6LIYme 5DlLiy s00tléscn 5
()GsTLÍT 56011é6n5
(PF) Go Ga) 26TaT960 60T55|LD
4. Internal check is important for
(a) Small organization
(b) Big organisation
( Small and big both organisations
(d) None of these

2 S.No. 1144
 ( ) tpluu 960LDLIY
( ) Glutlu g60 LD LIL
) &lpluw LoDpjub GLutluu 6 BpiaJ60TThl5 (G15 tb

5. Main object of Internal check is -

(a) Detecting errors and frauds

(b) Checking
(c) Verifyingg
(d) Division of work among employees
985&GTG 60 60OTU96oT (LDaalu Gpr`BÚ
( ) Ll6nLp56T LDDDjtb GDTE,.5606ITÉ5 5600TLLD5)
( GETEm60TuSIL
()
(PF)
&tlu55
26TLluuTestl6oL Guu 6ofl L Liro

6. Internal control includes

(a) Internal check (b) Internal audit
(c) Interim audit (d) Both (a) and (b)

() 5ËGerg60 60T
()2oT 5600T1 85 60 65
(
(PF) T 600T (6LD ( ) LoDgiiD ( )

7 Vouching is-
(a) Examination of assets
(b) Verification of assets
(c) Examination of Entries
(d) None of these
ETGOTD ITULio 6T60TLI
( ) olENBGIa500 6IT ÚI0 olauis6)
()olgTSGI`60Til6oT EtLiTiTLILY
( 26Ta 6lsafl 6oTGsira

3 S.No. 1144
8. Voucher related to payment should be signed by
(a) Manager
(b) Accountant
(c Responsible and authorised official
(d) All of the above
I60TLD Gla`510l5
ol5TLTLUT6T ETGOT lq.6b
G085oluÚLLÓGUa
() G GoaTaTiT
) 560T 85IT6T T
( olumgjúL LoDgJb 6tlssüuLL 956T
(FF) GLOCa 26T6TI60 60155ILD
9. Meaning of Verification of assets is-
a) Valuation of assets
(b) Checking of ownership of assets
(c) Checking of the title, existence and
possession of assets
(d) All of the above
( ) GlTSgI`sail6oT LDS 6

()GlaT`5IE5aTlo0T 5606LIL, LDDiLD

260L60LD 5luU6JD0D Elng50
(FF) GLDCaD 26TTGIT|0 60155|LD
10. First auditor of a company is appointed by the
(a) Shareholders
(b) Central Govt.
(c) Company Law Board
(d) Board of Directors
blpiaj6l5B60T 56001 85 60) E5 LTOT 60 I
BluLOILUOJ
91) Ui(G5TTTBoT
( ) LD5S|u 9 J
blpalo1l60T BLOJTflwb
(FF)

4 S.No. 1144
P.T.O.]
 is qualified to be a

11. Which of the following persons

company auditor?

(a) An employee of the company

(b) A body corporate

to the company for
(c) A person who is indebted
an amount exceeding Rs. 1000
accountant
(d A practicing chartered
191 6oTau(TGb BLuTsatld Blpaensi
50tlés on5UTGTIJT85 85555|uTG0T6
( ) Bgiajom$g6oT 29l
()PG 2LL) BpaieoTib
Gioá) 5L60TLIL016rem
() blpIau60155Lb .
1000 é
bUT
ULLU 560T5EBTOTId
(FF) PG LuSloel
auditor is appointed by the
Normally, a company
12.
(a) Central Government

(b) Shareholders
Board of Directors
(c
(d) Company Law board
blgjou6o`ST 560tld 6m 85 uraTT
olLTS]JT5,
BluuLblasÜuGspmi

() LDZSu 9 r

( ) Lrl(55TJi6 6T
()uéGBitsor (G
(FT) BgpiajosSloT 8LLJmtluub

13. What is EDP?

(a) Emergency Data Program
Electronic Data parity
(b) Electronic Data Processing
(c)
Emerging Data Processing
(d) S.No. 1144
5
 EDP T6TD ITd 6T 60T 60T ?
()1018 SJay $lLLb
()LOlo0T60T605Ja 8Lobl60a)
)LOlsr 60T 30 5Ta dsua)Tb5tb
(FF) -GarGD 5Ja olau)
ITÉ55LD
14. Problem encountered in an EDP environment
(a) Absence of voucher
(b) Computer virus
(c) Coding problem
(d) All of the above
EDP pal OuGb Assd56T
( ) ET60T DI&LG das5
( ) 5600T1 6o 606u J Gv
( 5DluaLO 19Tesmo0T
(FF) GuO Ga 26TOTT960 60155LD
15. Full form of CAAT
(a) Computer Application Audit Techniques
(b) Computer Audit Assisted Techniques
(c) Computer Audit Application Techniques
(d) Computer Assisted Audit 'Techniques
CAAT eT (LPP aJtg.tb
( ) 5600t 601 LLl6TLITLG 560tls6n 5 LIrI56IT
( ) 8560tl6o 560tlés6085 25ol 5jLu rI56T
( 50tlot 560tls 605 LIuu6OTLITL6 BLUrBT
(PF)

PART B-(2x 5= 10 marks)

Answer any TWO questions.
18. Distinguish between auditing and accounting.
5601166 5 LoDgib 660TÉ%5uI60 ) GagjuGS5.
6 S.No. 1144
1% What are the objectives of internal control?
566L0UumLG6OTGprésràIE oIT ITn au ?
18/
18/ Explain the importance of vouching.

19. How can an auditor be removed?2

PE 5Tl560 65Li TGT 6D J GTOJQunpi S5DDialgi

20 What are the differences between manual and

EDP system?
cn5GuG LDDgb EDP 160LDLIBG566 6Guu
26TOTT Gaupium@EoT igi?

PART C-(5x 10 50 marks)

Answer ALL questions.
21. (a Explain the advantages and limitations of
audit.
560f1ds 6m5ulcoB6OT60 LD56T LDn auJiDL606IT
ol eTsErI856IT.
Or

b) Explain the importance of working papers.

Gauma) oleuuibb
LDl ug5iagm5 olaT(rE5dT.

22 (a) Distinguish between Internal control and

internal check.
6 5L0UuTO LODgiLb 68 Gergm60T
bluiaupnp GaiguGEGIÁl5dT.
Or

() Explain the importance of Internal check.

15& GaTgm 60TLSIleoT Lpsbluisgiag05 ooT$55
7 S.No. 1144
23. (a Discuss in brief the procedure for vouching
the items appearing on the receipts side of
cash book.
Glgmess GTLq.60T Gugsd Lus6586 G5rorgiub
olourl8606IT FT60T(DITULI olFUiaJ5D5T60T
alsudpmponul g(ThÉ85LOTES olaJTgQ60|LD,
Or
(b) How will you verify the following assets
) Investments (1i) Loans and advances
11) Leasehold property.
9160T6( olEmggibB60 6IT GTOOJTD
&fLumitSitsdr ) Pso0sdr 11) 5LdOT56IT
LODid p oTLIG0TTI56T(11) (SBm5 daT`5
24. (a Describe the rights of the company auditor.
5600t15 60)5uraTtlo60T 2ftlmD5 0 GT
oloutls60| LÓ.
Or
Explain the statutory duties of a statutory
auditor.
ELLUYfrO 5600tlé5 605UTGTtl6oT gLLUgTa
85L60LD50 6IT oilGT`80|LÒ.

25 (a) Explain the design and procedural aspects of

EDP system
EDP 960LDLIGGOT oJlq.0J60 LDLIL LDDpib
560L (1p60D LD8rh5606IT oloTG5.
Or
online computer
(b) Explain different types of
system audit,
6600t160f1
LudGaug 686uTOT 6 600Tuw@u
9160LDLILI 5600116s60 8500L Gll ardb(85rl6oT.

S.No. 1144
8