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More Audit Interview Questions

Explain the before an audit processes?

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Had I imported two items one is custom duty free and another is with custom duty. Whether I can sell the custom duty free item with the custom duty or not.

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Whether the term loan which was long term as on Mar-11, but now it is short term due to its repayment within one year from the reporting period. Whether it should be classified as short term borrowings or other current liabilities as per Revised schedule VI.

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What is your major weakness?

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Why do you want to join audit?

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