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Commerce · Q119

Auditing

Graduate and Post Graduate · Commerce · question 119

Q119

The statutory auditor is duty-bound to :

A.
Review the managerial processes and procedures
B.
Prepare the final accounts of the company in accordance with the provisions of the company law
C.
Submit a report to the members of the company
Answer
D.
Verify physically the various assets of the company

Answer: Option C

Solution

Answer: Option C
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