Question

The audit that is made compulsory under statute is called _________.

Q: Answer-&lt;p&gt;The audit that is made compulsory under statute is called _________.&lt;/p&gt;

A statutory audit is made compulsory under statute, which means it is required by law. It involves the independent examination of an entitys financial statements and records to ensure compliance with legal requirements and regulations.

A Statutory audit

B Partial audit.

C Complete audit.

D Continuous audit.

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The audit that is made compulsory under statute is called _________.

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