Q296
Which among the following is not associated with an advantage of audit?
A.
Correct settlement of claim from the insurance company
B.
Borrowings from the banks made easy
C.
Income tax authority generally accepts the audited accounts to be correct
D.
It facilitates the settlement of the accounts of a deceased partner
E.
To engage the accountants for the whole of the year to prepare segment wise accounting records for verification
AnswerAnswer: Option E
Solution
Answer: Option E
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