[Solved] A government Co-auditor may be appointed by the

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A government Co-auditor may be appointed by the

a) CAG

b) Shareholders

c) Central Government

d) None of the above

Answer: (a) A government Co-auditor may be appointed by the CAG. According to the provisions of section 139 of the Companies Act 2013, the auditor for a government company shall be appointed by the Comptroller & Auditor General of India (C&AG for a financial year within 180 days from the commencement of the financial year.

More MCQ and Answers on Auditing

  1. Fixed assets are valued at
  2. Floating assets are valued at
  3. Outstanding expenses should be verified with the help of
  4. Book debts should be verified with the help of
  5. Book debts should be verified with the help of
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  10. Joint audit implies

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