Question

According to Section 64(1) of KCS Act, Audit includes which of the following steps ?

• A. Examination
• B. Valuation
• C. Verification
• D. All of the above

Answer 1

Answer:

D. All of the above

• Sec 64 - Scope of Audit 

Powers of Audit DCA

Procedures of Audit 

• Sec 64(1) - Audit shall include 

Examination 

verification 

valuation 

• Sec 64 (1) A - Common software

• Sec 64(1) B - Evaluation of hardware, Software; if any manipulation report to DCA and RCS 

• Sec 64(1C) - RCS himself or the DCA Consult with RCS inform manipulation to police or vigilance officer. 

• Sec 64(2)

He shall access 

He may Summon