Question

15) Financial auditor is not concerned with propriety of business transactions.
However, the exceptions to this rule are contained for audit of limited
companies in
a) Section 227 (IA) of the Companies Act, 1956
b) Section 227 (IA) and section 227(4A) of the Act
c) CARO, 2003
d) Section 227 (IA) and CARO, 2003​

Answer 1

Answer:

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