[Solved] Audit working papers are

Audit working papers are

a) Important information about audit

b) Appointment letters regarding audit

c) Letter of notice

d) None of these

Answer: (a) Audit working papers are important information about audit. The audit working papers assure that the audit performed was accurate and complete. Working papers are necessary to corroborate the work and findings performed during the audit. The document support and evidences the findings of the audit which is essential for establishing a future plan of action.

More MCQ and Answers on Auditing

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  4. A company auditor, in general has to submit his report to
  5. An auditor of Government company has to submit his report to the
  6. Internal auditor has to submit report to
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  8. Auditor, in general is an
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  10. While checking allotment, auditor should see that amount

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