1.Select an audit which is conducted to improve an organizations operations from the options given below a.Environmental Auditing. b.External Auditing c.Public Sector Auditing d.Internal Auditing 2.

55_BAAC2301 Principles of auditing_S1_Mohammed Younus

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55_BAAC2301_S1

15 June - 21 June

Mid Term Examination dated 16.06.2021 (Wednesday)

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Accounting cycle refers to a procedure which involves a series of steps including identifying, analyzing and communication of financial information. From the following could you select the last step of recording the financial transactions?

a.Preparation of financial statements b.Preparing an unadjusted trial balance c.Recording Journal d. Posting a ledger

Posting a ledger