The board of directors shall appoint first auditor of a company

CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · June 2013
The board of directors shall appoint first auditor of a company
(A) within one month of completion of capital subscription by the company
(B) within one month of the promotion of the company
(C) Within one month of the commencement of the business of the company
(D) Within one month of incorporation of the company.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Within one month of incorporation of the company..

Topics: Auditing

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