Multiple Choice Questions on Which of the following persons is qualified to be a company auditor ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Which of the following persons is qualified to be a company auditor ........

Companies Act-Phase (I & II) Audit and auditors
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    Which of the following persons is qualified to be a company auditor?

    An employee of the company

    Incorrect Answer

    A body corporate

    Incorrect Answer

    A person who is indebted to the company for an amount exceeding Rs. 1000

    Incorrect Answer

    A practicing-chartered accountant 

    Correct Answer
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    Explanation:

    Only Chartered Accountant in practice is eligible for appointment as statutory auditor of the company.

    By: Vikas Goyal
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