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Question

A company is legally required to have its accounts audited annually by a_______________.

A
accountant in Practice
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B
chartered Accountant
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C
chartered Financial Analyst
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D
chartered Secretary in Practice
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Solution

The correct option is C chartered Accountant
Every Company shall prepare its Accounts and get the same audited by a Chartered Accountant at the end of the Financial Year compulsorily. The Auditor shall provide an Audit Report and the Audited Financial Statements for the purpose of filing it with the Registrar.

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