891. Investigation is conducted by-
A. Cost Accountant
B. Company Secretary
C. Chartered Accountant
D. Any person
892. Audit is conducted by-
A. Cost Accountant
B. Company Secretary
C. Chartered Accountant
D. Any person
893. Investigation seeks-
A. Conclusive evidence
B. Corroborative evidence
C. Both (a) and (b) above
D. Persuasive evidence
894.Auditing seeks-
A. Conclusive evidence
B. Corroborative evidence
C. Both (a) and (b) above
D. Persuasive evidence
895. Audit can be divided into two categories-
A. Internal audit and external audit
B. Audit required under law and voluntary audit
C. Financial audit and cost audit
D. None of the above
896. Internal audit is an evaluation and analysis of the business operation conducted by the-
A. Accounting staff
B.Managemene
C. Internal audit staff
D. External audit staff
897. In big organization an internal audit is carried out by the team of professionals-
A. in the organization
B. outside the organization
C. As outsourcing function
D. as retailers
898. The purpose of internal Audit is to keep proper control-
A. over accounting activities
B. over audit activities
C. over management activities
D. over business activities
899. The purpose of internal audit is to evaluate the-
A. Accounting system
B. Internal audit system
C. Management accounting system
D. Statutory audit system
900. The purpose of internal audit is to review the-
A. Accounting aspects
B. Auditing aspects
C. working of employees
D. Working of business