1181. A company auditor can be removed before expiry of his term by :

A. Shareholders *
B. Board of directors
C. Central government
D. State government

1182. The first auditors of a company shall be appointed :

A. No later than sixty days after the incorporation date *
B. Within sixty days of business establishment
C. During first annual general meeting
D. None of the above

1183. A notice for appointment as auditor of a person other than a retiring auditor shall be given:

A. At least 14 days before the previous auditor’s retirement;
B. At least 14 days before the meeting of the board of directors;
C. At least 14 days before the Annual General Meeting *
D. None of the above

1184. Auditor is appointed by:

A. Chief executive of the company
B. Finance manager of the company
C. Any individual
D. None of the above *

1185. First auditor is appointed by :

A. Chief executive of the company
B. Finance manager of the company
C. Shareholders of the company
D. None of the above *

1186. Following can be appointed as an auditor of a public company

A. Director of the company
B. Body Corporate
C. Chartered accountant *
D. D A AND B

1187. Remuneraton of a company auditor is fixed by the :

A. Shareholders
B. Board of directors
C. Appointing authority *
D. Central government

1188. An organization inspector. all around. must provide his report to:

A. Shareholders *
B. Central government
C. Corporate law authority
D. Board of directors

1189. A special auditor has to submit his report to the :

A. Shareholders
B. Central government *
C. Corporate law authority
D. Board of directors

1190. Internal auditor has to submit report to :

A. A watch dog *
B. A blood bound
C. A detective
D. An insurer