2 Marks:

1. What is Routine Checking?

2. What do you mean by vouching?
3. Write two basic principles of internal control.
4. What do you mean by verification of assets?
6 Marks:
1. Vouching of the transactions is the essence of audit- Explain.
2. Distinguish between internal check and internal audit.
3. How is an auditor of a company removed?
4. Write the duties of an auditor regarding the verification of debentures.
12 Marks:
1. What are the principles of internal check? Describe a system of internal check with regard
to cash sales of a big departmental store.
(2+10)
2. Give a detailed outline of the duties of an auditor regarding the verification of stock-intrade.
[12]
3. What is Audit Report? What are the essential features of audit report?

(2+10)