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Consumer rights and responsibilities

is not requir...

Question

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

A

Small and medium corporate enterprises

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B

Sole Traders

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C

Multi product companies

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D

Banking companies

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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.

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