Question

2. Investigation begins when :

(a) Accounting ends

( b) auditing ends

(c) Book-keeping ends

(d) None of these​

Answer 1

Answer:

(b) Auditing ends

Investigation begins when auditing ends.

Explanation:

Auditing is a procedure of vouching and verification of accounting transactions. It is general process.

Investigation is a detailed procedure of vouching and verification of accounting transactions, processes, people and other particulars to find out the root cause, potential fraud and culprits. It is specific process.