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Compliance Audit mainly checks

AProfit and loss

BAdherence to laws, rules and regulations

CLoan defaults

DMember enrollment

Answer:

B. Adherence to laws, rules and regulations

Read Explanation:

Compliance Audit focuses on whether the society complies with statutory provisions, rules, and regulatory requirements.


Related Questions:

The Co‑operative Service Examination Board shall conduct the written examination of the candidates within ___ from the date of receipt of requisition from the society.
Along with the Managing Committee, who shall have the power to call General Body of a society
A Consortium is formed based on:
As per section of -------the name of Co-operative Societies is to be published
Co-operative ombudsman is appointed as per Section of the KCS Act 1969