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How to do audit?
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Answer / gration
Audit is done by checking the trial balance and balance
sheet, while it is correct or not.audit means rechecking of
internal data.
Audit is the review of the financial statements and giving a
fair and true opinion about it.
| Is This Answer Correct ? | 38 Yes | 2 No |
Answer / mohit mundra
audit is basically an evaluation of a person, organization, system, process, enterprise, project or product.usually this term is refers to audits in accounting, but similar concepts also exist in project management
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / abhishek
the technical audit is done by reviewing the security
policies of the company
| Is This Answer Correct ? | 3 Yes | 2 No |
Weather W.C.T should be deducted on advance payment?
Classify the following accounts into Personal Account, Real Account & Nominal Account. Questions Answers 1. Furniture Account 2. Salaries Account 3. Outstanding Wages Account 4. National Trading Co. Ltd’s Account 5. Stationery Account 6. Prepaid Insurance Account 7. Capital Account 8. Interest Account 9. Building Account 10. Purchase Account 11. Cash Account 12. Bank Account 13. Sales Account 14. Commission received in Advance Account 15. Discount Account 16. Drawing Account 17. Loan Account 18. Mysore Store’s Account 19. Repairs to Machinery Account 20. Stock Account 21. Investment Account 22. Loose Tools Account 23. Bangalore Sports Club’s Account 24. Loss of Goods by Fire Account 25. Motor Vans Account 26. International Trader’s Account 27. Goodwill Account 28. Depreciation Account 29. Bad Debts Account 30. Bad Debts Recovered Account 31. Bank Overdraft Account 32. Book Debts Account 33. Purchases Returns Account 34. Sales Returns Account 35. Postage Account 36. Charity Account 37. Carriage Account 38. Rent Account 39. National College’s Account 40. Bills receivable Account 41. Bills Payable Account
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Audit 
