The Auditor appointed under section 139 of Companies Act 2013 may be removed from his office before the expiry of his term by_____________.
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Question 4 of 30
4. Question
1 points
Category: Advanced Auditing & Professional Ethics
The application for removal of auditor before expiry of his term shall be made to Central Govt. within 30 days of_____________.
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Incorrect
Question 5 of 30
5. Question
1 points
Category: Advanced Auditing & Professional Ethics
In case of removal of auditor before expiry of his term, the company shall hold the_____________within 6 days of receipt of approval of the Central Government for passing the___________.
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Incorrect
Question 6 of 30
6. Question
1 points
Category: Advanced Auditing & Professional Ethics
The auditor who has resigned from the company shall file within a period of____________from the date of resignation, a statement in the Form________.
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Incorrect
Question 7 of 30
7. Question
1 points
Category: Advanced Auditing & Professional Ethics
To appoint as auditor, a person other than a retiring auditor, who is eligible for reappointment,____________ is required.
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Question 8 of 30
8. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following is qualified to be appointed as auditor of the company?
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Incorrect
Question 9 of 30
9. Question
1 points
Category: Advanced Auditing & Professional Ethics
A person is disqualified to be appointed as auditor of the company if he himself or his relative or partner is indebted to the company for an amount exceeding Rs.____________.
Correct
Incorrect
Question 10 of 30
10. Question
1 points
Category: Advanced Auditing & Professional Ethics
A person is disqualified to be appointed as auditor of the company if he himself or his relative or partner has given any guarantee in connection with the indebtedness of any third person to the company for an amount exceeding Rs.____________.
Correct
Incorrect
Question 11 of 30
11. Question
1 points
Category: Advanced Auditing & Professional Ethics
A person is disqualified to be appointed as auditor of a company if he has been convicted by a court of an offence involving fraud and a period of_________years has not elapsed from the date of such conviction.
Correct
Incorrect
Question 12 of 30
12. Question
1 points
Category: Advanced Auditing & Professional Ethics
A person is disqualified to be appointed as auditor of a company if such person as at date of such appointment holding appointment of more than__________companies.
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Incorrect
Question 13 of 30
13. Question
1 points
Category: Advanced Auditing & Professional Ethics
The remuneration of first auditor appointed by members of the company shall be fixed by__________.
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Incorrect
Question 14 of 30
14. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following is correct?
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Incorrect
Question 15 of 30
15. Question
1 points
Category: Advanced Auditing & Professional Ethics
In addition to listed companies, which of the following companies are required to constitute audit committee:
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Incorrect
Question 16 of 30
16. Question
1 points
Category: Advanced Auditing & Professional Ethics
In which of the following cases, appointment of auditor shall be made after taking into account the recommendations of audit committee:
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Incorrect
Question 17 of 30
17. Question
1 points
Category: Advanced Auditing & Professional Ethics
Every auditor of a company shall have a right of access at all times to_____________of the company whether kept at the registered office of the company or at any other place.
Correct
Incorrect
Question 18 of 30
18. Question
1 points
Category: Advanced Auditing & Professional Ethics
Every Auditor shall be entitled to require from the officers of the company such information and explanation as he may consider necessary for the performance of his duties as auditor. The term Officer as per Sec. 2(59) of Companies Act 2013 includes:
Correct
Incorrect
Question 19 of 30
19. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of following statement is correct?
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Incorrect
Question 20 of 30
20. Question
1 points
Category: Advanced Auditing & Professional Ethics
Auditor is required to inquire which of the following matters under Section 143(1):
Correct
Incorrect
Question 21 of 30
21. Question
1 points
Category: Advanced Auditing & Professional Ethics
Auditor is required to inquire which of the following matters under Section 143(1):
Correct
Incorrect
Question 22 of 30
22. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following statements is correct?
Correct
Incorrect
Question 23 of 30
23. Question
1 points
Category: Advanced Auditing & Professional Ethics
Under Section 143(2) auditor is required to make a report to the members of the company on the following:
Correct
Incorrect
Question 24 of 30
24. Question
1 points
Category: Advanced Auditing & Professional Ethics
Under Section 143(3), auditor is required to report on following
1. Whether loans and advances made by the company have been shown as deposits.
2. Whether transactions represented by book entries are prejudicial.
3. Whether any director is disqualified from being appointed as director u/s 164(2)
4. Whether financial statements comply with the accounting Standards.
Correct answer is:
Correct
Incorrect
Question 25 of 30
25. Question
1 points
Category: Advanced Auditing & Professional Ethics
As per Sec. 164(2) of Companies Act 2013, a person becomes disqualified to be appointed as director in a company if the company in which he is a director has not filed:
Correct
Incorrect
Question 26 of 30
26. Question
1 points
Category: Advanced Auditing & Professional Ethics
CAG shall within___________from the date of receipt of the auditor report have a right to conduct a supplementary audit.
Correct
Incorrect
Question 27 of 30
27. Question
1 points
Category: Advanced Auditing & Professional Ethics
As per Sec. 143(9) of Companies Act 2013, every auditor shall comply with____________.
Correct
Incorrect
Question 28 of 30
28. Question
1 points
Category: Advanced Auditing & Professional Ethics
Under Section 143(12) of Companies Act 2013, if an auditor of a company in the course of the performance of his duties as auditor, has reason to believe that an offence involving fraud is being or has been committed against the____________he shall immediately report the matter to the_____________.
Correct
Incorrect
Question 29 of 30
29. Question
1 points
Category: Advanced Auditing & Professional Ethics
If the auditor does not report u/s 143(2) with respect to fraud, he shall be punishable with fine ranging from:
Correct
Incorrect
Question 30 of 30
30. Question
1 points
Category: Advanced Auditing & Professional Ethics
Report u/s 143(12) with respect to fraud shall be sent to
Correct
Incorrect
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