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What is Cost audit & its Type?

Answers were Sorted based on User's Feedback



What is Cost audit & its Type?..

Answer / rajesh9618

cost audit is performed on product cost

Is This Answer Correct ?    10 Yes 3 No

What is Cost audit & its Type?..

Answer / manojs

cost audit is the audit of cost accounting records in order
give a true opinion on prduction, processing and
manufacturing.

the auditor should be an cwa

Is This Answer Correct ?    7 Yes 1 No

What is Cost audit & its Type?..

Answer / rajesh9618

cost audit is performed on product cost

Is This Answer Correct ?    1 Yes 3 No

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More Audit Interview Questions

During the year a firm has received TDS of Rs.30 lakhs and out of this an amount of Rs.9 lakhs was adjusted against the taxes. However, in the balance sheet under the head assets,the firm shown Rs.30 lakhs towards TDS. Is it correct. In my openion, in the balance sheet, the assessee has to show only Rs.21 lakhs as asset in the balance sheet, after reducing the tax adjustemnt of Rs.9 lakhs. Pl. Clarify.

1 Answers  


in balabce sheet under what audit fee comes

10 Answers  


If we miss a entry at journal can we find it in latter stage or in audit how can be find it

4 Answers   Ernst Young,


if accountant miss the journal entry of outstanding expenses. since its is a error of omission it cannot affect the Trial Balance how we auditor find it out.

10 Answers   Infosys,


Explain about cross functional audits?

0 Answers   Ernst Young, Thomson Reuters,


how many types of audit?

3 Answers   ADFC, HDFC,


How to caculate assets?

1 Answers  


how ficticious assets are valued??

1 Answers  


which of the following procedure would auditor lease likely perform in planning a financial statement audit?

0 Answers  


what is audit & activities of auditor?

0 Answers   Ernst Young, Ferguson, ICICI,


When is income from rented accommodation to be treated as investment income and when as trading income?

2 Answers  


what is convectional audit

1 Answers  


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