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    Question

    What is the primary objective of

    CARO?
    A Protect the rights of directors Correct Answer Incorrect Answer
    B Ensure timely payment of taxes Correct Answer Incorrect Answer
    C Provide additional disclosures in audit reports Correct Answer Incorrect Answer
    D Monitor stock market fluctuations Correct Answer Incorrect Answer

    Solution

    CARO mandates auditors to include specific disclosures in their audit reports for better transparency.

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