Interim audit is conducted between two_________audit.

Continuous audit

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Costs audit

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Final audit

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All of these

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Solution

The correct option is B Final audit
Interim Audit is normally conducted during the financial year so that the audit work can be minimized at the end of the financial year. Routine activities are checked and verified during the accounting year only. Final audit is done once the financial year ends.

Hence this can be said that interim audit is done between the two final audit.

Suggest Corrections

List-I	List-II
a) Audit work is carried on almost simultaneously with the recording audit of transactions.	1. Balancesheet audit
b) auditor starts his work when final accounts have been prepared.	2. Continuous audit
c) Audit conducted between two annual audits.	3. Interim audit
d) Some of the books and records of the whole period or specific period are audited.	4. Cost audit
	5. Partial audit