Question
Download Solution PDFAn Auditor makes effort to detect mainly following types of fraud
This question was previously asked in
UP TGT Commerce 2019 Official Paper
Answer (Detailed Solution Below)
Option 4 : All of the above
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UP TGT Hindi FT 1
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Detailed Solution
Download Solution PDFThe correct answer is All of the above
Key Points
- An auditor is a person who checks the accuracy of transactions that have been documented in business.
- Auditors are required to ensure that procedures are being followed and that an organization's financial statements accurately reflect its operational and financial results.
- They mostly work on audits, which check the accuracy of financial records and the way they are presented in associated financial reports.
Important PointsFollowing types of fraud are checked by an auditor:
- Misappropriation or embezzlement of cash
- Misappropriation of Goods
- Fraudulent Manipulation of Accounts
- Teeming & Lading
- Window Dressing
Last updated on May 6, 2025
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