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An Auditor should submit his report within _____ days after completion of Audit

A15 days

B30 days

C60 days

DNo time limit

Answer:

B. 30 days

Read Explanation:

According to audit practice and common regulations, an auditor is generally expected to submit the audit report within 30 days after completing the audit. This ensures timely reporting of findings and allows the management or relevant authorities to take action based on the audit.


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Who are all exempted from payment of Audit fees as per Kerala Cooperative Societies Act , 1969 ?

  1. Any society for first two years of audit irrespective of date of commencement of business
  2. All social welfare and farming societies who don't accept deposits and grant loans/advances
  3. All Cooperative Societies of which all or majority of members are belonging to SC/ST except Apex Cooperative Society
  4. Any Weavers Society until it has completed sixth Cooperative Year after its commencement of business
  5. Vanitha Cooperative Societies