Senior Auditor Test Batch-2 Question Paper- 2020

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Here I am Provide Senior Auditor Test Batch-2 Question Paper- 2020. I hope This Post Help On Your Senior Auditor Test Exam. This time paper will be according to the Senior Auditor Paper in 2020. Here, we stick to the pattern of the Senior Auditor Test. Here you will find Questions Paper from all topics, so let’s start…

Batch- 2 Questions & Topics- 2020

1. Does financial Budget include all the following except? (A) Sales Budget (B) Budget Balance Sheet (C) A cash Budget.

2. Does the master budget include? Ans Operating Budget and Financial Budget All of these 

3. The cost which is first assigned to inventory is known as? (A) Period Cost (B) Product Cost (C) General Cost 

4. Selling and administration expenses 

5. The balance sheet is prepared on? 

6. What is meant by Deferred taxation? 

7. Depreciation is calculated  on ? 

7. Accounting equation is ? Assets=Liability+Equity

8. Government has fixed Pensioner retirement age on?

9. PPR advertising close? Before day submitting 

10. which method of depreciation is used by tax authorities? Straight Line Method

11. Depreciation is similar in nature too?

12. What is depreciation?

13. A prepaid expense is?

14. Depreciation is charged on which asset?

15. Noncurrent asset?16. Salary paid to employees not recorded… What will be the effect?

17. Sale on 10 June 15000 sales on 25 June 15000, cash received on 7 July. What will be the total sale of 30th June?

18. Units in the middle of the manufacturing process are called?

19. The correct sequence of the accounting cycle?

20. The final book/step of the accounting cycle?

21. Can the procuring agency issue the tender in the local language?

22. In how many languages can tender to be issued?

23. What is the limit of amount for which tender must be issued in 2 local newspapers and on the official website?

24. The type of account used for onward reporting to management?

25. Under which international standards the Financial statements are prepared ?

26. Which of the following is not operating expenses?  A. Cost of good sold  B. advertising  C. Freight out  D. None of these 

27. L.P.C within 15 days is ____?   A. Mandatory  B. Optional  C. Not required D. None of these 

28. Obligations of the businesses are known as? (A) Assets (B) Liabilities (C) Both A & B 

29. Advance payment is?  (A) Receivable (B)  payable  (C) Bad debt 

30. Access of Current Assets over Current Liabilities is known as? (A) Surplus Capital (B) Capital (C) Surplus Assets 

31. Bank charges not recorded in cash book what will be the procedure?

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