What is the main purpose of auditing vehicles and their operation?, To increase vehicle speed, To ensure safety, efficiency, and cost control, To reduce employee workload, To replace old vehicles, Why are vehicles considered essential assets for many organizations?, They are easy to sell, They are optional assets, They require low maintenance, They support daily business operations, Which costs are typically associated with company vehicles?, Office rent and utilities, Fuel, maintenance, and repairs , Advertising expenses, Employee salaries, Why is a vehicle audit necessary?, To buy new vehicles, To reduce taxes, To ensure efficient use of resources and prevent misuse, To increase depreciation, What risk arises when employees use company vehicles for personal purposes?, Lower fuel prices, Increased fuel and maintenance costs , Higher vehicle resale value, Faster vehicle depreciation policies, Which document confirms the legal ownership of a vehicle?, Mileage log, Fuel receipt, Vehicle registration certificate , Repair invoice, What accounting error occurs if a leased vehicle is recorded as company-owned?, Understated expenses, Incorrect depreciation and misstated assets , Reduced profits, Missing insurance coverage, Why do auditors review insurance and technical inspection documents?, To calculate fuel norms, To confirm vehicles are legally allowed to operate, To verify mileage accuracy, To increase asset value, What happens if depreciation continues after a vehicle is fully written off?, Financial statements become inaccurate , Profits increase, Asset value improves, Expenses are understated, Why are mileage logs important?, To record driver salaries, To confirm vehicles are used for business purposes , To calculate insurance premiums, To register vehicles, What risk increases when mileage logs are missing or incomplete?, Legal ownership risk, Fuel price risk, Risk of vehicle misuse , Tax penalties only, Which recommendation can auditors give after a vehicle audit?, Remove all vehicles, Increase fuel consumption limits, Introduce mileage logs and GPS tracking , Stop maintaining vehicles.

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