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6.
By whom from the following, auditor can be reappointed ?
- A.Directors
- C.Central Government
- B.Shareholders
- D.All of the above
- Answer
- Report
Answer : [D]
7.
Auditor shall be punished with imprisonment for a maximum period of ____ under Section 539 for falsification in the books of accounts.
- A.3 Years
- C.7 Years
- B.5 Years
- D.9 Years
- Answer
- Report
Answer : [C]
8.
"Auditor is not an insurer." In which of the following cases, the decision has been given ?
- A.The Kingston Cotton Mills Co. Ltd. (1986)
- C.Allen Craig & Co. Ltd. (1934)
- B.London & General Bank (1895)
- D.Irish Woollen Co. Ltd
- Answer
- Report
Answer : [B]
9.
The Section 80A of the Companies' Act is related with the redemption of -
- A.Debentures
- C.Irredeemable preference shares
- B.Redeemable preference shares
- D.None of the above
- Answer
- Report
Answer : [C]
10.
Company Auditor is responsible -
- A.For directors
- C.For public
- B.For shareholders
- D.For creditors
- Answer
- Report
Answer : [B]
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