Auditing

A. Section 226 (1) and section 226(2)

B. Section 224 (1) and section 224 (2)

C. Section 226 (3) and section 226(4)

D. Section 224(3) & Sec.224

A. The working papers may be obtained by third parties when they appear to be relevant to issues raised in litigation

B. The safe custody of working papers is the responsibility of client, if kept at his premises

C. The working papers must be retained by an audit firm for a period of 10 years

D. Successor auditors may have access to working papers of the predecessor auditors. The approval of client is not required.

A. Directors of the company

B. Members of the company

C. The Central Government

D. All of the above

A. Undervaluation of closing stock

B. Charging capital expenditure to revenue

C. Goods sent on consignment being shown as actual sales

D. Charging higher rates of depreciation on fixed assets than actually required

A. Capital redemption reserve

B. Security premium account

C. Debenture redemption reserve

D. Capital reserve

A. SLM

B. WDV

C. Sum of year digits

D. Any of the above

A. Building

B. Plant and Machinery

C. Furniture and fittings

D. Ships

A. Schedule XIV

B. Schedule V

C. Schedule XIII

D. Schedule X

A. Effluxion of time

B. Use

C. Obsolescence through technology be market changes

D. Remarket expectation

A. Cost of raising a loan

B. Cost of accessories of motor vehicles spent at the time of purchase

C. Expenses incurred for laying of sewers on land purchased

D. Insurance premium paid at the time of registration of the ship