GOVERNMENT AUDIT
1. As per C & AG Act, 1971 the tenure of the Comptroller and Auditor General is …….Years
a) Four b) five c) six d) seven
2. The part of Government Audit which is concerned with examining whether the money has
been spent for the purpose specified in Appropriation Act is called.
a) audit of sanctions b) audit of provision of funds
c) audit of rules and orders d) audit of financial propriety
3. Audit of transaction does not include –
a) Propriety audit b) efficiency –cum performance audit
c) audit of receipts d) audit of expenditure
4. The income Tax Department has sent Mr. X double refund of advance tax. The Government
Auditor detected this while conducting
a) audit of expenditure b) performance audit
c) audit of stores and stock d) audit of receipts
5. Audit of debt, deposits and remittances does not covera)
audit of borrowings b) audit of amortization of debt
c) audit of sanctions d) remittance audit
6. A state Government spent rupees fifty lakhs on renovation of Raj Bhavan’ for its Governor.
In the C & AG’s opinion, this expenditure was more than what occasion demanded? It is an
exampled of –
a) Propriety audit b) Performance audit
c) Audit against provision of funds d) None of the above
7. Audit reports on PSU are
a) submitted to the President/Governor for being laid before the parliament
b) sent to concerned ministries/departments
c) Submitted to BOD of concerned PSU d) Any of the above
8. The C & AG, some years ago, gave adverse comments on expenditure incurred on buying
coffins for soldiers killed in a war. In his opinion, the coffins cases imported could have been
replace with less expensive, domestically produced ones. This is an aspect of –
a) Audit of sanctions b) Audit of stores and stocks c) Propriety audit d) Both (b) and (c)
9. Who among the following is eligible to be appointed as an audit of Government Company?
a) A chartered accountant in practice b) A chartered accountant whether in practice or not
c) An auditor appointed by the C & AG d) Any of the above
10.The statutory auditor of a Government Company submits his report to_
a) the BODs of the company b) the C & AG
c) the Legislature d) the company secretary
Answers
1. c 2. b 3. b 4. d 5. c
6. a 7. b 8. d 9. a 10. b
1. As per C & AG Act, 1971 the tenure of the Comptroller and Auditor General is …….Years
a) Four b) five c) six d) seven
2. The part of Government Audit which is concerned with examining whether the money has
been spent for the purpose specified in Appropriation Act is called.
a) audit of sanctions b) audit of provision of funds
c) audit of rules and orders d) audit of financial propriety
3. Audit of transaction does not include –
a) Propriety audit b) efficiency –cum performance audit
c) audit of receipts d) audit of expenditure
4. The income Tax Department has sent Mr. X double refund of advance tax. The Government
Auditor detected this while conducting
a) audit of expenditure b) performance audit
c) audit of stores and stock d) audit of receipts
5. Audit of debt, deposits and remittances does not covera)
audit of borrowings b) audit of amortization of debt
c) audit of sanctions d) remittance audit
6. A state Government spent rupees fifty lakhs on renovation of Raj Bhavan’ for its Governor.
In the C & AG’s opinion, this expenditure was more than what occasion demanded? It is an
exampled of –
a) Propriety audit b) Performance audit
c) Audit against provision of funds d) None of the above
7. Audit reports on PSU are
a) submitted to the President/Governor for being laid before the parliament
b) sent to concerned ministries/departments
c) Submitted to BOD of concerned PSU d) Any of the above
8. The C & AG, some years ago, gave adverse comments on expenditure incurred on buying
coffins for soldiers killed in a war. In his opinion, the coffins cases imported could have been
replace with less expensive, domestically produced ones. This is an aspect of –
a) Audit of sanctions b) Audit of stores and stocks c) Propriety audit d) Both (b) and (c)
9. Who among the following is eligible to be appointed as an audit of Government Company?
a) A chartered accountant in practice b) A chartered accountant whether in practice or not
c) An auditor appointed by the C & AG d) Any of the above
10.The statutory auditor of a Government Company submits his report to_
a) the BODs of the company b) the C & AG
c) the Legislature d) the company secretary
Answers
1. c 2. b 3. b 4. d 5. c
6. a 7. b 8. d 9. a 10. b
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