4)Which of the following type of auditors provides an opinion on the truthfulness and fairness of the financial statement of the company?

Internal Auditor

Cost Auditor

External Auditor

Operational Auditor

5)Which one of the following is NOT a duty of the auditor?

Duty to report to the companys bankers

Duty to sign the audit report

Duty to report to the members

Duty to report on any violation of law

6)Which of the following circumstances that may not create familiarity threats ?

a) Long association with business contacts influencing business decisions

b) Accepting a gift or preferential treatment, unless the value is very small.

c) Commenting publicly on future events in particular circumstances, having made assertions without sufficient support

d) Accounting entries being subject to review and justification by the same person responsible for making those entries.

Only d)

Only b) , c) and d)

Only a) and d)

Only c) and d)