Q120
The main object of an audit of accounts of a joint-stock company is
A.
Detection and prevention of errors
B.
Detection and prevention of frauds
C.
Detection and prevention of errors and frauds
D.
To find out whether the balance sheet and profit and loss account are drawn up properly according to the Companies Act, and they represent a trace and fair view of the state of affairs
AnswerAnswer: Option D
Solution
Answer: Option D
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