Auditing refers to:
آڈیٹنگ کی تعریف اس طرح کی گئی ہے۔
- reporting the financial information
- examination of financial information
- preparation of financial statement
- maintaining the ledger accounts
Explanation
Auditing is defined as the on-site verification activity, such as:
inspection or examination,
of a process or quality system,
to ensure compliance to requirements.
An audit can apply to an entire organization or might be specific to a function, process, or production step.
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