wiz-icon
MyQuestionIcon
MyQuestionIcon
21
You visited us 21 times! Enjoying our articles? Unlock Full Access!
Question

______ is not required to get mandatorly audited by a Chartered Accountant.

A
Small and medium corporate enterprises
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Sole Traders
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Multi product companies
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Banking companies
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Sole Traders
Sole proprietorship form of business is not required to get accounted by an auditor because it usually does not have as much data which is required to be audited. The scale of operations is not that large.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Consumer Rights
CIVICS
Watch in App
Join BYJU'S Learning Program
CrossIcon