…….. of the Companies Act, 2013 contains provisions regarding the appointment of the auditor
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Question 2 of 26
2. Question
1 points
Category: Fundamentals of Accounting & Auditing
Section 139 of the companies act, 2013 generally auditors are appointed by –
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Question 3 of 26
3. Question
1 points
Category: Fundamentals of Accounting & Auditing
Though auditors are appointed equity shareholders in certain cases auditor can be appointed by –
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Question 4 of 26
4. Question
1 points
Category: Fundamentals of Accounting & Auditing
Auditors are generally appointed by equity shareholders in –
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Question 5 of 26
5. Question
1 points
Category: Fundamentals of Accounting & Auditing
…… is a process to check that the company has complied with the legal and procedural requirements and also followed the due processes
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Question 6 of 26
6. Question
1 points
Category: Fundamentals of Accounting & Auditing
Secretarial audit is also known as –
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Question 7 of 26
7. Question
1 points
Category: Fundamentals of Accounting & Auditing
……. has been assigned the role of secretarial auditor under section 2 (2) (c) (v) of the company secretaries Act, 1980
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Question 8 of 26
8. Question
1 points
Category: Fundamentals of Accounting & Auditing
Objective of secretarial audit is –
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Question 9 of 26
9. Question
1 points
Category: Fundamentals of Accounting & Auditing
According to …., cost audit is “the verification of the correctness of cost accounts and of adherence to the cost accounting plan”
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Question 10 of 26
10. Question
1 points
Category: Fundamentals of Accounting & Auditing
Ministry of Corporate Affairs has issued mandatory cost audit orders on companies engaged in-
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Question 11 of 26
11. Question
1 points
Category: Fundamentals of Accounting & Auditing
Ministry of Corporate Affairs has issued mandatory cost audit orders on companies engaged in-
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Question 12 of 26
12. Question
1 points
Category: Fundamentals of Accounting & Auditing
Cost audit is useful for the purpose of –
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Question 13 of 26
13. Question
1 points
Category: Fundamentals of Accounting & Auditing
The objective of tax audit is to assist the –
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Question 14 of 26
14. Question
1 points
Category: Fundamentals of Accounting & Auditing
Tax audit under the income tax Act, 1961 conducted by –
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Question 15 of 26
15. Question
1 points
Category: Fundamentals of Accounting & Auditing
For businessman tax audit is compulsory if his –
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Question 16 of 26
16. Question
1 points
Category: Fundamentals of Accounting & Auditing
For professional tax audit is compulsory if his –
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Question 17 of 26
17. Question
1 points
Category: Fundamentals of Accounting & Auditing
In relation to bank audit NPA means –
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Question 18 of 26
18. Question
1 points
Category: Fundamentals of Accounting & Auditing
….. contains the provisions relating to the maintenance of accounts and audit of banks
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Question 19 of 26
19. Question
1 points
Category: Fundamentals of Accounting & Auditing
The insurance audit is an examination of the ….. of the insurance company
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Question 20 of 26
20. Question
1 points
Category: Fundamentals of Accounting & Auditing
Like companies, partnership firms in India are … required to get their financial statements audited
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Question 21 of 26
21. Question
1 points
Category: Fundamentals of Accounting & Auditing
Statutory audit is compulsory for –
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Question 22 of 26
22. Question
1 points
Category: Fundamentals of Accounting & Auditing
…… aims at ensuring that the financial transactions of the government are executed properly under sanctions and authorities and are correctly recorded in the books of account
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Question 23 of 26
23. Question
1 points
Category: Fundamentals of Accounting & Auditing
Auditors of government companies are appointed by –
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Question 24 of 26
24. Question
1 points
Category: Fundamentals of Accounting & Auditing
In……, a function is analyzed thoroughly with respect to system, process, input and output
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Question 25 of 26
25. Question
1 points
Category: Fundamentals of Accounting & Auditing
Efficiency audit also known as –
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Question 26 of 26
26. Question
1 points
Category: Fundamentals of Accounting & Auditing
The performance audit may be initiated by –
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