🔷 EMBASSY AUDIT EXAM– 50
MCQs
🔹 Q1
PLCA Rules relate to:
A. Pension
B. Foreign Allowances
C. Audit
D. Tax
✅
Answer: B
🔹 Q2
GFR 2017 deals with:
A. Criminal law
B. Financial rules
C. Taxation
D. Audit only
✅
Answer: B
🔹 Q3
FRSR stands for:
A. Financial Reporting System Rules
B. Fundamental Rules & Supplementary Rules
C. Foreign Service Rules
D. Fiscal Regulation System
✅
Answer: B
🔹 Q4
Receipt & Payment Rules issued in:
A. 1972
B. 1983
C. 1990
D. 2005
✅
Answer: B
🔹 Q5
Embassy audit mainly checks:
A. Foreign policy
B. Expenditure & compliance
C. Military operations
D. Trade agreements
✅ Answer: B
🔹 Q11
Leave rules applicable to government employees are governed by:
A. GFR 2017
B. FRSR
C. Income Tax Act
D. Companies Act
✅ Answer: B
🔹 Q12
Procurement of goods in government departments is governed by:
A. IPC
B. GFR 2017
C. RBI Act
D. Companies Act
✅ Answer: B
🔹 Q13
Tendering process ensures:
A. Monopoly
B. Transparency and competition
C. Delay
D. Secrecy
✅ Answer: B
🔹 Q14
Contract audit primarily checks:
A. Profitability
B. Compliance with terms and conditions
C. Employee attendance
D. Political approval
✅ Answer: B
🔹 Q15
Budget control helps in:
A. Increasing expenditure
B. Monitoring expenditure within limits
C. Avoiding audit
D. Increasing taxes
✅ Answer: B
🔹 Q16
Delegation of financial powers must be:
A. Oral
B. Written and authorized
C. Ignored
D. Temporary only
✅ Answer: B
🔹 Q17
Pay fixation of government employees is governed by:
A. IPC
B. FRSR
C. GST Act
D. Banking Regulation Act
✅ Answer: B
🔹 Q18
Foreign allowance to embassy staff is governed by:
A. GFR
B. PLCA Rules 2013
C. Income Tax Rules
D. RBI Guidelines
✅ Answer: B
🔹 Q19
Primary audit evidence in embassy audit is:
A. Oral statements
B. Documentation and vouchers
C. Newspaper reports
D. Assumptions
✅ Answer: B
🔹 Q20
A voucher is:
A. Secondary record
B. Primary accounting record
C. Optional document
D. Legal notice
✅ Answer: B
🔹 Q21
Cash book should be maintained:
A. Weekly
B. Monthly
C. Daily
D. Yearly
✅ Answer: C
🔹 Q22
Advance payments must be:
A. Ignored
B. Adjusted within prescribed time
C. Written off immediately
D. Doubled
✅ Answer: B
🔹 Q23
Irregular payments are treated as:
A. Valid
B. Audit objections
C. Revenue
D. Profit
✅ Answer: B
🔹 Q24
Stock verification is:
A. Optional
B. Mandatory
C. Not required
D. Done once in 5 years
✅ Answer: B
🔹 Q25
Loss of government property must be:
A. Ignored
B. Reported immediately
C. Hidden
D. Adjusted secretly
✅ Answer: B
🔹 Q26
Internal control system helps in:
A. Fraud encouragement
B. Prevention and detection of errors
C. Increasing workload
D. Avoiding rules
✅ Answer: B
🔹 Q27
Audit note is:
A. Informal communication
B. Formal communication of audit findings
C. Legal notice
D. Court order
✅ Answer: B
🔹 Q28
Sanction refers to:
A. Punishment
B. Approval by competent authority
C. Audit report
D. Payment delay
✅ Answer: B
🔹 Q29
Delegation of power must be:
A. Verbal
B. Documented
C. Ignored
D. Optional
✅ Answer: B
🔹 Q30
Excess expenditure over budget is:
A. Acceptable
B. Violation of financial discipline
C. Rewarded
D. Ignored
✅ Answer: B
🔹 Q31
Proper record keeping ensures:
A. Confusion
B. Accountability
C. Delay
D. Fraud
✅ Answer: B
🔹 Q32
Audit trail ensures:
A. Data deletion
B. Traceability of transactions
C. Encryption
D. Backup only
✅ Answer: B
🔹 Q33
Which tool is commonly used for audit data analysis?
A. Photoshop
B. IDEA
C. VLC Player
D. Notepad
✅ Answer: B
🔹 Q34
Contract breach leads to:
A. Reward
B. Audit objection
C. Promotion
D. Bonus
✅ Answer: B
🔹 Q35
Fraud in embassy audit is considered:
A. Minor issue
B. Serious irregularity
C. Ignorable
D. Optional
✅ Answer: B
🔹 Q36
Single tender procurement is:
A. Standard method
B. Allowed only in exceptional cases
C. Mandatory
D. Illegal always
✅ Answer: B
🔹 Q37
Competitive bidding is:
A. Avoided
B. Standard procurement method
C. Illegal
D. Optional
✅ Answer: B
🔹 Q38
Emergency procurement requires:
A. No approval
B. Proper justification
C. Ignoring rules
D. Public voting
✅ Answer: B
🔹 Q39
Audit para must be:
A. Opinion-based
B. Evidence-based
C. Emotional
D. Informal
✅ Answer: B
🔹 Q40
Audit communication should be:
A. Aggressive
B. Diplomatic and professional
C. Casual
D. Informal
✅ Answer: B
🔹 Q41
Foreign currency transactions must follow:
A. Personal judgment
B. Prescribed conversion rules
C. Random rates
D. No rules
✅ Answer: B
🔹 Q42
Exchange loss should be:
A. Ignored
B. Properly recorded
C. Hidden
D. Written off immediately
✅ Answer: B
🔹 Q43
Audit of overseas PSU includes:
A. Political audit
B. Financial and compliance audit
C. Military audit
D. Social audit only
✅ Answer: B
🔹 Q44
Asset register maintenance is:
A. Optional
B. Mandatory
C. Not required
D. Occasional
✅ Answer: B
🔹 Q45
Depreciation of assets is:
A. Always ignored
B. Applicable as per rules
C. Illegal
D. Optional without rules
✅ Answer: B
🔹 Q46
Audit planning should be:
A. Random
B. Risk-based
C. Ignored
D. Delayed
✅ Answer: B
🔹 Q47
Materiality in audit means:
A. Size only
B. Importance of misstatement
C. Quantity only
D. Cost only
✅ Answer: B
🔹 Q48
Internal check system is:
A. Detective control only
B. Preventive control
C. Not useful
D. Optional
✅ Answer: B
🔹 Q49
Audit report should be:
A. Unstructured
B. Structured and clear
C. Emotional
D. Casual
✅ Answer: B
🔹 Q50
Audit conclusion must be based on:
A. Guesswork
B. Evidence
C. Opinion only
D. Assumptions
✅ Answer: B
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