Practice mode Auditing

Under company law, the auditor of which type of company has no right to visit the company’s foreign branches?

Correct answer B. Banking

Explanation

For a banking company with branches outside India, the law treats it as sufficient for the auditor to examine copies and extracts of the branch books sent to the principal office in India.

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Under company law, the auditor of which type of company has no right to visit the company’s foreign branches?

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Under company law, the auditor of which type of company has no right to visit the company’s foreign branches?

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