Question
Under the Companies Act, 2013, the first auditor of a
company is appointed by:Solution
According to Section 139(6) of the Companies Act, 2013, the Board of Directors of a newly incorporated company shall appoint the first auditor within 30 days of its incorporation. If the Board fails to do so, the members shall appoint the auditor within the next 90 days at an Extraordinary General Meeting (EGM).
Ashutosh is a horse dealer. Tausif approaches Ashutosh for a horse. Ashutosh lends a horse which he knows to be vicious, to Tausif. Ashutosh doesn't dis...
With respect to standard costing, which of the following statement is incorrect?
Which of the following is/are involved in Financial Management?
1. The process of acquiring and efficiently utilising financial resources
...
The Article of a company may be altered by _____________
What is the primary purpose of a Bank Guarantee?
The 4Cs approach often mentioned in cluster development refers to:
A contingent liability should be disclosed when:
In relation to trend analysis, which of the following statements is/are correct?
Statement-1: The trend analysis of ratios indicates whether the ...
Zero-based budgeting means:
A repair parts inventory for claim servicing includes slow-moving items. NRV has fallen for some SKUs, while others have long lead times. Can management...
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