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In case the Board of Directors disagrees with the recommendation of the Audit Committee for the appointment of an auditor, what is the subsequent action to be taken?
  • a)
    The appointment is canceled
  • b)
    The Board must provide reasons for disagreement
  • c)
    The company appoints the recommended auditor
  • d)
    The matter is referred to the Registrar
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In case the Board of Directors disagrees with the recommendation of th...
If the Board of Directors disagrees with the recommendation of the Audit Committee for the appointment of an auditor, it must provide reasons for the disagreement and refer the recommendation back to the committee for reconsideration.
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In case the Board of Directors disagrees with the recommendation of the Audit Committee for the appointment of an auditor, what is the subsequent action to be taken?a)The appointment is canceledb)The Board must provide reasons for disagreementc)The company appoints the recommended auditord)The matter is referred to the RegistrarCorrect answer is option 'B'. Can you explain this answer?
Question Description
In case the Board of Directors disagrees with the recommendation of the Audit Committee for the appointment of an auditor, what is the subsequent action to be taken?a)The appointment is canceledb)The Board must provide reasons for disagreementc)The company appoints the recommended auditord)The matter is referred to the RegistrarCorrect answer is option 'B'. 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 In case the Board of Directors disagrees with the recommendation of the Audit Committee for the appointment of an auditor, what is the subsequent action to be taken?a)The appointment is canceledb)The Board must provide reasons for disagreementc)The company appoints the recommended auditord)The matter is referred to the RegistrarCorrect answer is option 'B'. 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 In case the Board of Directors disagrees with the recommendation of the Audit Committee for the appointment of an auditor, what is the subsequent action to be taken?a)The appointment is canceledb)The Board must provide reasons for disagreementc)The company appoints the recommended auditord)The matter is referred to the RegistrarCorrect answer is option 'B'. Can you explain this answer?.
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