The Company Audit – Test 1

Any default in the repayment of loans or borrowings to _______________________are reported by auditor
under CARO (2016)

Application of money raised by way of public offer is reported under which clause of CARO (2016)

Application of money raised by way of preferential allotment or private placement is reported
under which clause of CARO (2016)

Compliance with provision of section 192 of the Companies Act, 2013 w.r.t non cash transactions
entered by company with directors or persons connected with him, is reported under which of the
following clause of para 3 of CARO (2016)

For the purpose of applicability of CARO (2016), status of company is considered

How many matters are specified under CARO(2016) for reporting by Co.s auditor

The auditor shall address audit report on the financial statement of company

The date on auditor’s report shall be

Under section 148, the maintenance of cost accounting records are not required for

Cost audit will not be applicable to those companies

Cost auditor of company is appointed by

Cost auditor of company shall be appointed by BoD within _________________ days from
commencement of FY

Intimation of appointment of cost auditor is filed by Co to CG in the form

Any casual vacancy in the office of cost auditor of company is filed by

Cost Auditor performs cost audit in accordance with

Cost audit report shall be submitted in form

Cost audit report shall be submitted by Cost auditor to BoD within _______________ days from closure
of FY

Company shall within ________________ days from receipt of cost audit report furnish the CG with such
report along with full information and explanation on every reservation or qualification
contained therein, in form ________________