- 1 Marks
BL – May 2012 – L1 – SA – Q18 – Law Relating to Banking
Identify the primary duty of an auditor in a company.
Question
The duty of an auditor of a company is to:
A. Examine the books of accounts of a company and express his opinion thereon
B. Verify the financial statements on payment of salaries and allowances
C. Verify the financial statements on monthly imprests and express reservation
D. Verify the financial aspects of contracts to be awarded by the company
E. Audit the company based on its internal control system
Find Related Questions by Tags, levels, etc.
- Tags: Auditor Duties, Business Law, Corporate Governance
- Level: Level 1
- Topic: Law Relating to Banking
- Series: MAY 2012
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