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Commerce · Q308

Auditing

Graduate and Post Graduate · Commerce · question 308

Q308

Assertion (A): Internal audit is required to be conducted by a qualified chartered accountant. Reason (R): It is a tool of management. Give the correct answer using the given option

A.
Both A and R are correct and R is the correct explanation of A
B.
Both A and R are correct and R is not the correct explanation of A
C.
A is correct but R is wrong
D.
A is wrong but R is correct
Answer

Answer: Option D

Solution

Answer: Option D
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