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types of audit
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Answer / inder monga
there r two types of audit.
1. internal audit
2. external audit
internal audit is a audit which is audited by the staff of company.
external audit is a specific audit which is done by the professional like C.A.
theses audit can be continuous audit,annual audit or interim audit
| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / anchit saxena
there r three types of Audit- continuos Audit, Annual Audit
& Interim Audit
1- continuos audit- where an auditor or his staff attend at
regular or inrregular intervals during the period.
2- Annual Audit- which is carried out at the end of an
accounting period.
3- Interim Audit- an audit conducted between two annual
audit is called interim audit.
| Is This Answer Correct ? | 11 Yes | 5 No |
my friend paid Rs.6.00 Lakhs go a government office through a demand draft for a particualr permission/license. But actual fee payable by is Rs.2.00 Lakhs. Peviously submitted demand draft for Rs.6.00 Lakhs has not been adjusted into governmet account. he went to govt.office and requested to return the 6.00 Lakhs demand draft and assured that he wll pay th actual fee of 2.00 Lakhs. Can he get back the previously submitted Rs.6.00 Lakhs demand draft duly paying the actual fee of 2.00 Lakhs
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