253. Joint Auditors shall not be separately (individually) responsible for:
a) Assessment of risk relating to the areas of work allocated.
b) Evaluation of internal control relating to the areas of work allocated
c) Nature, timing and extend of the audit procedures for work allocated to said joint auditor.
d) Presentation and disclosure requirement of financial statement.
Answer : d) Presentation and disclosure requirement of financial statement.
 
MCQ revised for better understanding:
Joint Auditors shall not be seperately and individually responsible for :
a)Assessment of risk relating to the areas of work allocated .
b)Evaluation of internal control relating to the areas of work allocated
c)Nature,timing and extend of the audit procedures for work allocated to said joint auditor.
d)Presentation and disclosure requirement of financial statement.
Answer : d)Presentation and disclosure requirement of financial statement.