Economics · Auditing
Match List-I (Auditing Tools) with List-II (Underlying Meaning): List-I (A) Internal Control System (B) Internal Check (C) Test Checking (D) Routine Checking List-II (I) Examining less than the whole population. (II) The plan and procedures to ensure orderly and efficient conduct of business. (III) Detailed examination of all aspects of a transaction. (IV) A system where work carried out by one person is checked by another person. Choose the correct option:
- 1(A)-(II), (B)-(IV), (C)-(I), (D)-(III)✓
- 2(A)-(III), (B)-(IV), (C)-(I), (D)-(II)
- 3(A)-(IV), (B)-(II), (C)-(I), (D)-(III)
- 4(A)-(II), (B)-(IV), (C)-(III), (D)-(I)
Correct answer
(A)-(II), (B)-(IV), (C)-(I), (D)-(III)
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