98. To which of the following companies, the requirement of Cost Audit is not applicable even if they are covered under applicable class of companies :

CS Executive · Cost and Management Accounting · PYQS · June 2021
98. To which of the following companies, the requirement of Cost Audit is not applicable even if they are covered under applicable class of companies :
(A) Company whose revenue from exports, in foreign exchange, exceeds 51% of its total revenue
(B) Company which is operating from a special economic zone
(C) Company which is engaged in generation of electricity for public consumption
(D) All of the above

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cost Audit

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