Aptitude Test for Auditors to assess Aptitude skills of candidates

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Question

In case of audit of statutory report, an auditor is expected to give his report on the ____.

Answer

- Number of shares allotted, amount received in cash and summarized, Receipt and payment account.
- Authorized capital, subscribed capital and paid-up capital.
- Profit and loss account, Balance sheet and Directors report.
- Director qualification calls in arrears and calls in advance.

Question

Consider below graph:

If the average profit made on each PC sold by Quick PC was $62, what was the total profit over the four months for Quick PC?

Answer

- None of the mentioned
- $3,857
- $3,782
- $3,144

Question

Take a look at the chart given here, the data is very uneven. How will you convert the jagged line into a smoothed line?

Answer

- Right click on the chart and click on "Smoothen Line"
- Click on the line, select Format Line, Choose the Fill option, tick the Smoothed Line option.
- Click on the line, select Format Data Series, Choose the Line and Fill option, tick the Smoothed Line option.
- Click on the line, Go to the format tab and tick the Smoothed Line Option

Test details:

Duration: 20 minutes
Questions: 10

Test description:

Auditors are meant to check whether the accounts have been maintained fairly and are error free. There should be no misrepresentation of accounts and a true and fair picture must emerge from the financial reports. The accounting must follow the standards as laid down by the regulating authorities and should also be in conformance with the law of the land. Auditors advise the organizations on ways and means to improve internal processes and manage risks.

The Auditors assessment test contains questions on the following topics:

Auditing
Accounting Fundamental
Numerical Reasoning
MS Excel Advance

This online Auditors test has been developed and reviewed by our qualified and experienced Subject Matter Experts (SME)s. Using powerful reporting, you can have a detailed analysis of the test results to help you make a better hiring decision and predict the candidate’s performance.