1101. Internal check refer to :

A. Checking of record by cashier
B. The internal auditor checks the accounts.
C. A person’s work is automatically checked by another *
D. Management control internally over sub ordinates

1102. The object of internal check is to :

A. Control wastages of resources
B. Prevent errors and frauds *
C. Verify the cash receipts and payments
D. Facilitate quick decision by the management.

1103. Effective internal check system reduces :

A. The liability of auditor
B. Work of auditor *
C. The auditor’s work as well as his or her liability
D. Responsibilities of an auditor

1104. Internal check is a part of :

A. Internal Audit
B. Internal accounting
C. External audit
D. Internal control *

1105. Internal check is carried on by :

A. Special staff
B. Internal auditor
C. Accountant
D. None of the above *

1106.Internal check is suitable for :

A. Larger concerns *
B. Smaller concerns
C. Petty shop-keepers
D. None of the above

1107. Internal check involves :

A. Reduction of work of cashier
B. The division of duties among staff members *
C. Verification of inventory
D. Collusion among the members of staff

1108. Internal audit is undertaken :

A. By independent auditor
B. Statutorily appointed auditor
C. By a person appointed by the management *
D. By a government auditor

1109. Internal auditor is appointed by the :

A. Management *
B. Shareholders
C. Government
D. None of the above

1110. The following factors determine the internal audit’s scope of work:

A. Shareholders
B. Management *
C. Government
D. Law