The requirement of Cost Audit is applicable to which of the following category of companies :

CS Executive · Cost and Management Accounting · PYQS · December 2020
The requirement of Cost Audit is applicable to which of the following category of companies :
(A) Whose revenue from exports, in foreign exchange, exceeds 75% of its total revenue.
(B) Which is operating from a special economic zone.
(C) Which is engaged in production of defence items.
(D) Which is engaged in the generation of electricity for captive consumption through captive generating plant.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cost Audit

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