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Rule 64(2) of KCS Act mentions about

AAudit Report

BAudit Memorandum

CBudget Statement

DFinancial Overview

Answer:

B. Audit Memorandum

Read Explanation:

Audit Memorandum:

  • Rule 64(2) KCS Act 

  • Part of Audit note / report 

  • Filed by Auditor

  • Includes 

  • P&L A/C,B.S (Audited)

Whether:

  • He get all information 

  • All explanation 

  • Financial Statement are agreed 

If satisfied = OK 

  • Not satisfied : Note the defects 


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