A. Audit of one branch each of two different companies
B. Joint audit
C. Audit head office & branches
D. Audit of one or more branches of a company
✅ The correct answer is option A.
SSC
1352. 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) __
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.
1353. 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 ___
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.
1354. 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 _
A. Completion of audit
B. Auditor’s report
C. Acceptance of audit
D. Starting of audit work
✅ The correct answer is option C.
1355. Right to visit branches has been given to the auditor under which section?
A. Section 222(3)
B. Section 228(2)
C. Section 228(4)
D. Section 228(3)
✅ The correct answer is option D.
1356. If a casual vacancy in the office of auditor arises by his resignation it should only be filled by the company in a……..
A. Board meeting
B. Extraordinary general meeting
C. General meeting
D. Annual general meeting
✅ The correct answer is option C.
1357. The auditor has to enquire, under section 227 (IA) into different aspects, related to shares allotted for cash for the purpose of auditor include
A. Shares against whose allotment cash has actually been received
B. Shares allotted for consideration other than cash
C. Shares allotted against a debt payable
D. All of them
✅ The correct answer is option D.
1358. Which of the following statement is not true regarding appointment of statutory auditor by the Central Government?
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.
1359. Under which of the following section auditor has a duty to enquire into six specified matters and report by exception?
A. Section 227(4A)
B. Section 227 (IA)
C. Section 227 (2)
D. Section 227(3)
✅ The correct answer is option A.
1360. In case the directions fail to appoint first auditor (s), the shareholders shall appoint them at…..by passing a resolution
A. a general meeting
B. first annual general meeting
C. statutory meeting
D. annual general meeting
✅ The correct answer is option A.