Public Sector Audit AGP Pakistan MCQs 2026

20 questions with detailed answers · 5 from past papers · 2 quiz batches available

📚 Auditing📄 5 Past-Paper Qs✓ Free · No Login Needed
🎯 Mock Test

Read each question, think about the answer, then click Show Answer to reveal the correct option and explanation. Load 10 at a time so it stays manageable — perfect for one-topic study sessions on the bus or during a break.

Page 1 of 1Questions 1–10 of 20
  1. Q1medium

    Certification audit AGP is best described as

    1. Anever certifies any accounts
    2. Baudit of financial statements of government and public corporations
    3. Conly certifies private shop accounts
    4. Dreplaces all company statutory audit always
    💡 Explanation:

    AGP certifies central government accounts.

  2. Q2easy

    Regularity audit public sector in the context of Public Sector Audit AGP Pakistan refers to

    1. Aonly private profit audit
    2. Bonly product quality testing
    3. Cexamining whether expenditure authorized and conforming to law
    4. Dnever checks vouchers
    💡 Explanation:

    Regularity ensures legal compliance of spending.

  3. Q3easy

    A key aspect of Auditor General of Pakistan is that it involves

    1. Aprivate company statutory auditor always
    2. BSupreme Audit Institution conducting audit on behalf of legislature
    3. Conly bank internal auditor
    4. Dmarketing department of ministry
    💡 Explanation:

    AGP audits public sector entities.

  4. Q4easy

    Which statement about Citizen engagement with AGP reports is correct

    1. Areports classified forever always
    2. Bonly auditors may read reports
    3. Ccitizens and media use AGP reports to hold government accountable
    4. Dno public interest in government spending
    💡 Explanation:

    Public audit supports democratic accountability.

  5. Q5medium

    Value for money audit in the context of Public Sector Audit AGP Pakistan refers to

    1. Aanother term for performance audit focusing on economy efficiency effectiveness
    2. Bonly audit coin counting
    3. Cnever examines program results
    4. Dsame as tax refund audit always
    💡 Explanation:

    VFM audit common in public sector terminology.

  6. Q6easy

    A key aspect of AGP reporting timeline is that it involves

    1. Asecret reports never published ever
    2. Bannual reports tabled in National Assembly and available publicly
    3. Conly sent to one clerk
    4. Ddestroyed before tabling
    💡 Explanation:

    Public transparency of audit findings.

  7. Q7medium

    In Public Sector Audit AGP Pakistan, Follow-up audit AGP primarily means

    1. Arevisiting unresolved paras from prior reports
    2. Bnever follow up always new audit only
    3. Cparas automatically deleted after one year always
    4. Donly media follows up never AGP
    💡 Explanation:

    Follow-up ensures remedial action.

  8. Q8medium

    Which statement about Compliance with Public Procurement Regulatory Authority is correct

    1. Aprocurement never audited
    2. BAGP audits may examine procurement compliance
    3. Conly audit employee birthdays
    4. DPPRA rules irrelevant to public audit
    💡 Explanation:

    Procurement fraud common public sector risk.

  9. Q9medium

    In Public Sector Audit AGP Pakistan, AGP audit jurisdiction primarily means

    1. Aall private shops mandatory AGP audit
    2. Bonly foreign embassies in Pakistan
    3. Cnever provincial unless requested
    4. Dfederal government departments autonomous bodies and federally controlled entities
    💡 Explanation:

    Jurisdiction defined by law and allocation.

  10. Q10medium

    Regarding Performance audit AGP in Public Sector Audit AGP Pakistan, the accurate view is

    1. Aonly cash count at bank branch private
    2. Bnever examines program outcomes
    3. Cassessing economy efficiency and effectiveness of government programs
    4. Donly audits political speeches
    💡 Explanation:

    Performance audit adds value beyond compliance.

  11. Q11Past Paper · PPSC/FPSC/NTSmedium

    In Public Sector Audit AGP Pakistan, Constitutional mandate AGP primarily means

    1. Acreated by private company act only
    2. Bmandated under Article 168-171 of Constitution of Pakistan
    3. Coptional body with no legal basis
    4. Donly provincial sports board
    💡 Explanation:

    Constitution establishes AGP independence.

  12. Q12Past Paper · PPSC/FPSC/NTShard

    A key aspect of Coordination with external auditors of public corporations is that it involves

    1. AAGP may coordinate with firm auditors of PSEs
    2. Bnever coordinate always duplicate silently
    3. Cfirm auditor replaces AGP always for government
    4. DPSE never audited
    💡 Explanation:

    Public corporations may have dual oversight.

  13. Q13hard

    In Public Sector Audit AGP Pakistan, Defence audit sensitivity primarily means

    1. Afull public disclosure of all classified details always
    2. Bnever audited at all ever
    3. Ccertain defence expenditures subject to special audit arrangements
    4. Donly audited by foreign firm always
    💡 Explanation:

    Special procedures balance security and accountability.

  14. Q14medium

    AGP and donor funded projects in the context of Public Sector Audit AGP Pakistan refers to

    1. Adonors never require audit
    2. Bonly recipient NGO self-certifies always
    3. CAGP never audits development projects
    4. Daudit of foreign aided projects often through AGP or coordinated audit
    💡 Explanation:

    Project audit ensures proper use of aid funds.

  15. Q15hard

    Regarding Special studies and investigations in Public Sector Audit AGP Pakistan, the accurate view is

    1. AAGP may conduct special audit on fraud waste or abuse allegations
    2. Bnever investigates fraud
    3. Conly routine annual audit always
    4. Drequires criminal conviction first always
    💡 Explanation:

    Special audits address public concerns.

  16. Q16medium

    Public Sector Audit AGP Pakistan: Provincial auditor general can be defined as

    1. Ano provincial audit institution
    2. Bonly one AG for whole world
    3. Cprovincial AG reports to federal cabinet only always
    4. Deach province has own AG performing similar functions provincially
    💡 Explanation:

    Provincial AGs report to provincial assemblies.

  17. Q17easy

    In Public Sector Audit AGP Pakistan, Audit para primarily means

    1. Acompliment letter only never finding
    2. Bobservation or finding in AGP report requiring government response
    3. Cmarketing slogan in report
    4. Donly private company management letter
    💡 Explanation:

    Paras classified and pursued until settled.

  18. Q18Past Paper · PPSC/FPSC/NTShard

    Regarding Public sector accounting standards in Public Sector Audit AGP Pakistan, the accurate view is

    1. AIFRS for private only never public sector
    2. Bgovernment entities follow MPERS or applicable public sector framework
    3. Cno standards for government accounts
    4. Dcash memo only for billion rupee budget
    💡 Explanation:

    Public sector financial reporting framework differs.

  19. Q19Past Paper · PPSC/FPSC/NTSmedium

    Public Accounts Committee in the context of Public Sector Audit AGP Pakistan refers to

    1. Aclient audit committee of bank only
    2. Bno follow up on audit findings ever
    3. Conly ICAP committee
    4. Dparliamentary committee follows up on AGP audit reports
    💡 Explanation:

    PAC holds executive accountable for audit paras.

  20. Q20Past Paper · PPSC/FPSC/NTSmedium

    In Public Sector Audit AGP Pakistan, Supreme Audit Institution primarily means

    1. Asubsidiary of commercial bank
    2. Bdepartment of single ministry only without independence
    3. Cindependent body auditing government receipt and expenditure
    4. Dsame as private ICAP firm always
    💡 Explanation:

    SAI reports to Parliament and provincial assemblies.