Auditing - Study Mode

[#146] Which of the following audits is exclusively done by Company Secretary?
Correct Answer

(D) Secretarial audit

[#147] Auditor has to submit the audit report to:
Correct Answer

(C) Shareholders

[#148] A company has bought patents. Which of the following methods is most suitable for providing depreciation on them?
Correct Answer

(A) SLM

[#149] Cost audit of a company under Section 233 B can presently be conducted by
Correct Answer

(C) only a Cost Accountant in practice

[#150] If a company auditor does something inappropriate in his performance of duty which causes the financial loss to the company, he shall be held guilty
Correct Answer

(A) Civil negligence