Question: ?? ????? 6) The first auditor or auditors are appointed by : (A) Central Government. (B) Company Law Board. (C) Board of Directors. Odle (D)

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6) The first auditor or auditors are appointed by : (A) Central Government. (B) Company Law Board. (C) Board of Directors. Odle (D) Shareholders. 7) A number of checks & controls exercised in a business to ensure its efficient working is known as : (A) Internal check. B) Internal controls , (C) Internal audit. (D) Interim check. 8) Voucher relates to : (A) Cash receipt. (B) Cash payment. C) Credit transactions. (D) All the above. 9 Internal check is meant for : (A) Prevention of frauds. (B) Detection of frauds. (C) Helping audit in depth. (D) Detection of errors. 10) Internal auditor is appointed by : (A) /The management. (B) The shareholders. (C) The government. (D) The statutory body

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