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      Question

      As per the Companies Act, 2013, the audit committee

      shall have powers: (i) to investigate any activity within its terms of reference (ii) to seek information from any employee (iii) to obtain outside legal or other professional advice
      A Only (i) and (iii) Correct Answer Incorrect Answer
      B All (i), (ii) and (iii) Correct Answer Incorrect Answer
      C Only (ii) and (iii) Correct Answer Incorrect Answer
      D Only (i) and (ii) Correct Answer Incorrect Answer

      Solution

      The correct answer is B

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