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199. Which of the following statement is not true?

October 4, 2025 by Admin
A. A partnership firm can be appointed as a statutory auditor of limited company
B. Appointment can be made in the name of the firm
C. Majority of the partners should be practicing in India
D. All partners should be chartered accountants
✅ The correct answer is option C.
Categories Auditing, SSC Tags Auditing MCQs, SSC MCQs Leave a comment

197. As per the requirements of section 226(3) and 226(4) a person is disqualified from being appointed as a statutory auditor if he holds

October 4, 2025 by Admin
A. Equity shares or debentures of the company
B. Equity shares carrying voting of the company
C. Shares carrying voting rights of the company
D. Security carrying voting rights of the company
✅ The correct answer is option D.
Categories Auditing, SSC Tags Auditing MCQs, SSC MCQs Leave a comment

195. The board of directors shall appoint first auditor of a company

October 4, 2025 by Admin
A. Within one month of completion of capital subscription state of the company
B. Within one month of the promotion of the company
C. Within one month of the commencement of the business of the company
D. Within one month of incorporation of the company
✅ The correct answer is option D.
Categories Auditing, SSC Tags Auditing MCQs, SSC MCQs Leave a comment

177. The term of the auditor ship of first auditor would be from the date of appointment till__

October 4, 2025 by Admin
A. the conclusion of statutory meeting
B. the conclusion of first annual general meeting
C. the conclusion of next annual general meeting
D. the date of removal
✅ The correct answer is option B.
Categories Auditing, SSC Tags Auditing MCQs, SSC MCQs Leave a comment

175. In case the directions fail to appoint first auditor (s), the shareholders shall appoint them at…..by passing a resolution

October 4, 2025 by Admin
A. a general meeting
B. first annual general meeting
C. statutory meeting
D. annual general meeting
✅ The correct answer is option A.
Categories Auditing, SSC Tags Auditing MCQs, SSC MCQs Leave a comment

173. Which of the following statement is not true regarding appointment of statutory auditor by the Central Government?

October 4, 2025 by Admin
A. Such powers have been conferred upon it by section 224(3)
B. If a company fails to appoint an auditor at a general meeting
C. If an auditor refuses to accept appointment, the powers of the Central
D. None of the above
✅ The correct answer is option B.
Categories Auditing, SSC Tags Auditing MCQs, SSC MCQs Leave a comment

191. If a casual vacancy in the office of auditor arises by his resignation it should only be filled by the company in a……..

October 4, 2025 by Admin
A. Board meeting
B. Extraordinary general meeting
C. General meeting
D. Annual general meeting
✅ The correct answer is option C.
Categories Auditing, SSC Tags Auditing MCQs, SSC MCQs Leave a comment

189. For the purposes of section 224(IB) the number of partners of a firm which shall be taken into account would be as on the date of _

October 4, 2025 by Admin
A. Completion of audit
B. Auditor’s report
C. Acceptance of audit
D. Starting of audit work
✅ The correct answer is option C.
Categories Auditing, SSC Tags Auditing MCQs, SSC MCQs Leave a comment

188. Which of the following is counted for the purposes of section 224(IB) the number of partners of a firm which shall be taken into account would be as on the data of ___

October 4, 2025 by Admin
A. Joint audit
B. Audit to non-profit companies
C. Audit of unlimited companies
D. All of the above
✅ The correct answer is option D.
Categories Auditing, SSC Tags Auditing MCQs, SSC MCQs Leave a comment

187. Mr. A, a Charted Accountant, has nineteen audits, Out of following audits which audits should he accept to ensure he doesn’t violate provisions of section 224(IB) __

October 4, 2025 by Admin
A. Audit of a private company
B. Audit of branch of a foreign company
C. Audit of two branches of an Indian company
D. All of them
✅ The correct answer is option D.
Categories Auditing, SSC Tags Auditing MCQs, SSC MCQs Leave a comment
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