An auditor of Government company has to submit his report to the
a) Shareholders
b) Central Government
c) CAG
d) Ministry concerned
Answer: (b) An auditor of Government company has to submit his report to the Central Government. As per the rules, cost auditor has to submit the Cost Audit report to the companies board and to the central government.
More MCQ and Answers on Auditing
- Fixed assets are valued at
- Floating assets are valued at
- Outstanding expenses should be verified with the help of
- Book debts should be verified with the help of
- Book debts should be verified with the help of
- Main object of auditing is
- Propriety audit refers to
- Propriety is normally undertaken in case of
- Final audit implies
- Joint audit implies