Question

According to the Section -- of KCS Act, it mentions the role of Chief executive in preparing financial and statutory statements, within a time period of 1 month.

• A. 48 (2)
• B. 72 (3)
• C. 64 (4)
• D. 59 (1)

Answer 1

Answer:

C. 64 (4)

• 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