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According to Section 141, who is eligible to be appointed as an auditor of a company?
  • a)
    Any individual with a financial background.
  • b)
    A person who is a relative of a company director.
  • c)
    A Chartered Accountant as defined by the Chartered Accountants Act, 1949.
  • d)
    Any person who has served as an auditor in another company.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
According to Section 141, who is eligible to be appointed as an audito...
As per Section 141 of the provided text, a person shall be eligible to be appointed as an auditor of a company only if they are a Chartered Accountant within the meaning of the Chartered Accountants Act, 1949. This ensures that the appointed auditor has the necessary qualifications and expertise to carry out their auditing responsibilities effectively.
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According to Section 141, who is eligible to be appointed as an auditor of a company?a)Any individual with a financial background.b)A person who is a relative of a company director.c)A Chartered Accountant as defined by the Chartered Accountants Act, 1949.d)Any person who has served as an auditor in another company.Correct answer is option 'C'. Can you explain this answer?
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According to Section 141, who is eligible to be appointed as an auditor of a company?a)Any individual with a financial background.b)A person who is a relative of a company director.c)A Chartered Accountant as defined by the Chartered Accountants Act, 1949.d)Any person who has served as an auditor in another company.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about According to Section 141, who is eligible to be appointed as an auditor of a company?a)Any individual with a financial background.b)A person who is a relative of a company director.c)A Chartered Accountant as defined by the Chartered Accountants Act, 1949.d)Any person who has served as an auditor in another company.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to Section 141, who is eligible to be appointed as an auditor of a company?a)Any individual with a financial background.b)A person who is a relative of a company director.c)A Chartered Accountant as defined by the Chartered Accountants Act, 1949.d)Any person who has served as an auditor in another company.Correct answer is option 'C'. Can you explain this answer?.
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