[Solved] Internal check is a part of (MCQ)

Internal check is a part of 

a) Internal audit

b) Internal accounting

c) External audit

d) Internal control

Answer: (d) Internal check is a part of internal control. Internal control is an essential function of the internal control system. It is an arrangement of the respective staff’s duties in such a way that the work done by one person is automatically checked by another.

More MCQ and Answers on Auditing

  1. Which among the following is not a right of company auditors.
  2. Test checking is done when there is an effective system of _________
  3. Test checking means
  4. Audit working papers are
  5. Current audit file consists of
  6. ____ begins where accounting ends.
  7. ________audit is compulsory for joint stock companies.
  8. Treating revenue expenditure as capital expenditure is an example of error of
  9. Financial statements are prepared by
  10. Preliminary expanses not written off are treated as