Question

1. Which of the following jobs check accounting in ledgers and financial statements?​

Answer 1

Answer:

1. Which of the following jobs check accounting in ledgers and financial

statements?

(A) Financial

(B) Audit

(C) Management

(D) Budget Analysis

Ans - B - Audit

Answer 2

Auditing.

Auditing is the process by which an authorized person examines or inspects the various books of accounts. Generally, auditing is performed by practicing chartered accountants. In aunting, the auditor physically checks the inventories, vouchers, and their transactions to identify any fraudulent transaction.

There are many types of Audit:

1) Financial audit.

2) Tax audit.

3) Bank audit.

4) Internal audit.

5) Operational audit.

6) Information system audit.

7) Compliance audit.