Question

ontinuous audit
62. The statutory auditor is duty-bound
to:
(A) review the managerial pro-
cesses and procedures
(B) Prepare the final accounts of
the company in accordance
with the provisions of the com-
pany law
(C) Submit a report to the mem-
bers of the company
(D) Verify physically the various
assets of the company​

Answer 1

Answer:

The Answer could be - (B)

Explanation:

Auditor should give all information in the prescribed manner.

Answer 2

Answer:

The answer is c) Submit a report to the members of the company.