📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Under CARO 2020, which of the following matters is

    required to be reported by the auditor?
    A Whether company complied with all provisions of SEBI Act Correct Answer Incorrect Answer
    B Whether company has maintained proper records of fixed assets and conducted physical verification Correct Answer Incorrect Answer
    C Whether directors’ remuneration is fair and reasonable Correct Answer Incorrect Answer
    D Whether company declared dividend as per Companies Act Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    CARO mandates reporting on fixed assets, loans, statutory dues, frauds, etc. It does not cover SEBI Act compliance or dividend declaration.

    Practice Next
    More Auditing Questions
    ask-question