2 0 2 0
B.Com (VI Semester) Examination
COMMERCE
Paper : BCM–601 (New Course)
( Skill-Based Paper )
( Auditing )
Full Marks : 50
Pass Marks : 35%
Time : Two Hours
1. Answer any five of the following questions : 2×5=10
(a) What do you mean by auditing?
(b) What do you mean by internal control?
(c) Explain audit procedure.
(d) What is auditing standard?
(e) Define audit planning.
(f) Define the terms internal audit and external audit.
(g) What is voucher?
2. Answer any four questions from the following : 5×4=20
(a) Write down the objectives of auditing.
(b) Distinguish between Internal check and Internal audit.
(c) What is the procedure of removal of an auditor?
(d) How would you value the fixed assets namely plant and machinery, land and building?
(e) Explain various types of audit reports.
(f) Write a note on cost audit.
(g) Define cost audit. Explain its features.
(h) List out the liabilities of statutory auditor.
3. Answer any two questions from the following : 10×2=20
(a) Explain how a company auditor is appointed.
(b) Discuss how you would vouch the cash sales and credit sales of a company.
(c) Discuss the rights and duties of company auditor in detail.
(d) What do you mean by audit report? Discuss the different types of audit report in detail.
(e) Discuss how you would perform the audit of an educational institution in detail.
