Question

--- is defined as the close examination of financial transaction, overdue debts if any, maintenance of books of accounts, documents and other records of a business, preparation of audit reports.

• A. Internal Audit
• B. Forensic Audit
• C. Cooperative Audit
• D. Management Audit

Answer 1

Answer:

C. Cooperative Audit

Cooperative Audit:

• Defines. 

• Sec2(ab) Cooperative Audit Means - Close examination of financial transaction, overdue debts if any, maintenance of books of accounts, documents and other records of a business, preparation of audit reports. 

• Inquiry