Statement-1: Right to access at all times the books of account and vouchers of the company, whether kept at the head office of the company or elsewhere. Statement-2: Entitled to require from the officers of the company s

CS Executive · Cost and Management Accounting · PYQS · December 2021
Statement-1: Right to access at all times the books of account and vouchers of the company, whether kept at the head office of the company or elsewhere. Statement-2: Entitled to require from the officers of the company such information and explanations as he may think necessary for the performance of his duties as an auditor. As per Section 143(1) of Companies Act, 2013, the above statements relating to rights of cost auditor :
(A) Only statement-1 is true
(B) Only statement-2 is true
(C) Both statements are true
(D) Both statements are false

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cost Audit

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