Page 57 - IC46 addendum
P. 57
The Insurance Times
26. Section_____ deals with financial
statements and board report:
a. 134 b. 128
c. 133 d. 138
27. Section_____ deals with powers and
duties of auditors and auditing
standards:
a. 134 b. 128
c. 133 d. 143
28. Which statement is correct in respect of
books of accounts and financial
statement to be prepared and kept by
company under section 128 (1):
a. Every company sell prepared and keep at it
is registered office books of account and
financial statement for every financial year,
which gives a true and fair view of the state
of affairs of the company.
b. Board of directors may decide to keep the
books at any other place by giving seven
days notice to registrar.
c. The books of account shall be open for
inspection at registered office by any director
during business hours.
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