Here is an essay on ‘Cost Audit’ for class 9, 10, 11 and 12. Find paragraphs, long and short essays on ‘Cost Audit’ especially written for school and college students. Essay on Cost Audit Essay Contents: Essay on the Introduction to Cost Audit Essay on the Objects of Cost Audit Essay on the Types of Cost Audit Centre Essay on [...]
Some of the most frequently asked exam questions on auditing for dividends and divisible profits are as follows: Q.1. Define and explain the term 'Divisible Profits'. Ans. These refer to that portion of profits (i.e., the excess of income over expenditure including provision for taxes and depreciation) which are available for distribution as dividend to the shareholders of the company. [...]
Some of the most frequently asked exam questions on internal check and internal control auditing functions are follows: Q.1. Discuss the importance of internal control and internal auditing functions in an organisation. Ans. The Statutory Auditor (cost auditor or financial auditor) in forming his opinion on cost and financial information needs reasonable assurance that the accounting system is adequate, that [...]