Social Accounting & Audit

JKSSB Panchayat Account Assistant · Accountancy & Finance · 20 practice questions with answers and explanations: 4 Easy, 9 Medium, 7 Hard.

Sample questions

Sample Easy question 1

Social audit refers to the process of:

  1. Auditing the private financial statements of a company only
  2. Public verification of government scheme implementation by the community/stakeholders
  3. Filing the GST returns of a business for a month
  4. Preparing the partnership deed of a firm at the time of its formation
Show answer

Answer: B. Social audit is a participatory process where the community/beneficiaries verify official records against actual implementation of a scheme or programme.

Sample Medium question 2

Social audit of works under MGNREGA by the Gram Sabha is provided for in which section of the Act?

  1. Section 11
  2. Section 4
  3. Section 25
  4. Section 17
Show answer

Answer: D. Section 17 of the Mahatma Gandhi National Rural Employment Guarantee Act, 2005 provides for social audit by the Gram Sabha.

Sample Hard question 3

Which of the following is NOT a feature of a genuine social audit?

  1. Public reading of the records of the scheme in the Gram Sabha
  2. Verification of the works on the ground by the community
  3. Active participation of the beneficiaries of the scheme
  4. Being conducted only by the implementing agency's own staff, in private
Show answer

Answer: D. A social audit is public and community-led; an audit done privately by the implementing agency itself defeats its purpose.

More Accountancy & Finance topics for JKSSB Panchayat Account Assistant

Related articles