Section 148 of the Companies Act, 2013 gives: (A) No powers to the cost auditor as the financial auditor has U/S 143 of Companies Act, 2013 (B) Same powers to the cost auditor as the financial auditor has U/S 143 of Comp

CS Executive · Cost and Management Accounting · PYQS · December 2017
Section 148 of the Companies Act, 2013 gives: (A) No powers to the cost auditor as the financial auditor has U/S 143 of Companies Act, 2013 (B) Same powers to the cost auditor as the financial auditor has U/S 143 of Companies Act, 2013 (C) More powers to the cost auditor than the financial auditor has U/S 143 of Companies Act, 2013 (D) Lesser powers to the cost auditor than the financial auditor has U/S 143 of Companies Act, 2013
(A) No powers to the cost auditor as the financial auditor has U/S 143 of Companies Act, 2013
(B) Same powers to the cost auditor as the financial auditor has U/S 143 of Companies Act, 2013
(C) More powers to the cost auditor than the financial auditor has U/S 143 of Companies Act, 2013
(D) Lesser powers to the cost auditor than the financial auditor has U/S 143 of Companies Act, 2013

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cost Audit

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