A. Voluntary
B. Compulsory
C. Advisable.
D. Avoidable
✅ The correct answer is option C.
Auditing MCQs
Auditor of a _____ company does not have right to visit foreign branches of company.
A. Unlimited Company
B. Manufacturing Company
C. Banking Company
D. Non-Profit making company
✅ The correct answer is option B.
According to Section ___ Special Audit is conducted at the central government
A. Section 233(A)
B. Section 233(B)
C. Section 242(A)
D. Section 242(B)
✅ The correct answer is option C.
Retiring auditor does not have right to –
A. Make written representations
B. Get his representation circulated
C. Be heard at the meeting
D. Speak as member of company
✅ The correct answer is option A.
Which of the following statements is not correct regarding removal of first auditor before expiry of the term?
A. He is removed at general meeting
B. Shareholders are authorized to do so
C. The approval of central government is required for such removal
D. The provision for such removal is contained in Section 224 (7)
✅ The correct answer is option C.