Auditing - Study Mode
[#211] Which of the following is not included under the powers and the rights of an auditor in the companies act, 1956?
Correct Answer
(B) Right to call the general meeting
[#212] A small sole business generally does not require auditing because
Correct Answer
(C) It is not mandatory by law
[#213] An audit which is compulsory by the law is . . . . . . . .
Correct Answer
(D) Statutory Audit
[#214] If a casual vacancy in the office of auditor arises by his resignation it should only be filled by the company in a . . . . . . . .
Correct Answer
(C) General meeting
[#215] "Auditor is a watch-dog and not a blood-bound" was a remark made in the case of:
Correct Answer
(B) Kingston Cotton Mills Ltd, 1896