Question

The scope of external audit in the case of a partnership form is decided by
a) Companies b) Partnership Act c) Letter of appointment of the auditor
d) Income Tax Act​

Answer 1

Answer:

Explanation:

companies act

Answer 2

Option A is correct i.e. Companies.

• The scope of external audit in the case of a partnership firm is decided by Companies.
• The terms and conditions are dependent based on the agreement done between the auditor and partner.
• Partnership is an agreement between two people who decide to share future profit and losses.