Public Sector Audit AGP Pakistan MCQs 2026

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

1. A AGP may coordinate with firm auditors of PSEs ✓
2. B never coordinate always duplicate silently ✓
3. C firm auditor replaces AGP always for government ✓
4. D PSE never audited ✓

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

1. A created by private company act only ✓
2. B mandated under Article 168-171 of Constitution of Pakistan ✓
3. C optional body with no legal basis ✓
4. D only provincial sports board ✓

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

1. A only cash count at bank branch private ✓
2. B never examines program outcomes ✓
3. C assessing economy efficiency and effectiveness of government programs ✓
4. D only audits political speeches ✓

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

1. A all private shops mandatory AGP audit ✓
2. B only foreign embassies in Pakistan ✓
3. C never provincial unless requested ✓
4. D federal government departments autonomous bodies and federally controlled entities ✓

Which statement about Compliance with Public Procurement Regulatory Authority is correct

1. A procurement never audited ✓
2. B AGP audits may examine procurement compliance ✓
3. C only audit employee birthdays ✓
4. D PPRA rules irrelevant to public audit ✓

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

1. A revisiting unresolved paras from prior reports ✓
2. B never follow up always new audit only ✓
3. C paras automatically deleted after one year always ✓
4. D only media follows up never AGP ✓

A key aspect of AGP reporting timeline is that it involves

1. A secret reports never published ever ✓
2. B annual reports tabled in National Assembly and available publicly ✓
3. C only sent to one clerk ✓
4. D destroyed before tabling ✓

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

1. A client audit committee of bank only ✓
2. B no follow up on audit findings ever ✓
3. C only ICAP committee ✓
4. D parliamentary committee follows up on AGP audit reports ✓

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

1. A IFRS for private only never public sector ✓
2. B government entities follow MPERS or applicable public sector framework ✓
3. C no standards for government accounts ✓
4. D cash memo only for billion rupee budget ✓

In Public Sector Audit AGP Pakistan, Audit para primarily means

1. A compliment letter only never finding ✓
2. B observation or finding in AGP report requiring government response ✓
3. C marketing slogan in report ✓
4. D only private company management letter ✓

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

1. A no provincial audit institution ✓
2. B only one AG for whole world ✓
3. C provincial AG reports to federal cabinet only always ✓
4. D each province has own AG performing similar functions provincially ✓

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

1. A AGP may conduct special audit on fraud waste or abuse allegations ✓
2. B never investigates fraud ✓
3. C only routine annual audit always ✓
4. D requires criminal conviction first always ✓

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

1. A donors never require audit ✓
2. B only recipient NGO self-certifies always ✓
3. C AGP never audits development projects ✓
4. D audit of foreign aided projects often through AGP or coordinated audit ✓

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

1. A full public disclosure of all classified details always ✓
2. B never audited at all ever ✓
3. C certain defence expenditures subject to special audit arrangements ✓
4. D only audited by foreign firm always ✓

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

1. A another term for performance audit focusing on economy efficiency effectiveness ✓
2. B only audit coin counting ✓
3. C never examines program results ✓
4. D same as tax refund audit always ✓

Which statement about Citizen engagement with AGP reports is correct

1. A reports classified forever always ✓
2. B only auditors may read reports ✓
3. C citizens and media use AGP reports to hold government accountable ✓
4. D no public interest in government spending ✓

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

1. A private company statutory auditor always ✓
2. B Supreme Audit Institution conducting audit on behalf of legislature ✓
3. C only bank internal auditor ✓
4. D marketing department of ministry ✓

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

1. A only private profit audit ✓
2. B only product quality testing ✓
3. C examining whether expenditure authorized and conforming to law ✓
4. D never checks vouchers ✓

Certification audit AGP is best described as

1. A never certifies any accounts ✓
2. B audit of financial statements of government and public corporations ✓
3. C only certifies private shop accounts ✓
4. D replaces all company statutory audit always ✓

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

1. A subsidiary of commercial bank ✓
2. B department of single ministry only without independence ✓
3. C independent body auditing government receipt and expenditure ✓
4. D same as private ICAP firm always ✓