wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following rights are available to auditor of the company as per the provisions of the Companies Act, 2013?
(I) Right to sign the audit report
(II) Right to speak at general meeting
(III) Right to attend general meeting
(IV) Right to advise company on their financial policies
(V) Right to visit branch office
Select the correct answer from the op tions given below -

A
(I), (II), (III) & (V) only
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
(I), (II) & (V) only
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
(I), (III)& (V) only
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
(I), (II), (IV) & (V) only
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C (I), (III)& (V) only
Auditor can never advice on any financial policies but only give an opinion on the financial statements.
The auditor can speak at general meeting only if it is relevant to his business and not to get any needless publicity.

flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Capital Subscription A
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon