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Test 7

Group 2January 2027 attempt30 marks60 minutesNo negative marking
Marks
30
Time
60 minutes
Questions
15
Scenarios
6
Negative marking
None
Attempt
January 2027
Law basis
ICAI Study Material for Paper 5 Auditing and Ethics (relevant for the January 2027 examination attempt), Standards on Auditing (SAs) issued by ICAI, Companies (Auditor's Report) Order 2020 (CARO 2020), and the ICAI Code of Ethics
Content as of
2026-11-04

Chapters covered

More tests in this paper

About this test

Practice test 7 for Auditing and Ethics covering Chapter 7: Completion and Review, Chapter 9: Special Features of Audit of Different Types of Entities, Chapter 5: Audit of Items of Financial Statements, Chapter 1: Nature, Objective and Scope of Audit, Chapter 10: Audit of Banks, Chapter 8: Audit Report.

Questions people ask

What does Test 7 cover?

Comprehensive exam-standard case scenarios and MCQs on Chapter 7: Completion and Review, Chapter 9: Special Features of Audit of Different Types of Entities, Chapter 5: Audit of Items of Financial Statements, Chapter 1: Nature, Objective and Scope of Audit, Chapter 10: Audit of Banks, Chapter 8: Audit Report.

How is Test 7 scored?

15 questions carrying 2 marks each for a total of 30 marks in 60 minutes with no negative marking.

Practice test by HeyArtha. Not issued by or affiliated with ICAI.