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.

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