Mudigandur Soumyamudigandur soumya asked 7 months ago
1 Answers
RaviRavi Staff answered 7 months ago

here correspondences means communication between company and government authorities, so auditor should check whether grant amount and conditions are appropriate as per correspondances.

vth point says verify “ALL” bank statements which appears little absurd and hence it was excluded i feel, but yes all the option i to v appear appropriate and answer could be “a” also.

so this mcq answer is disputed — lets follow ICAI when there are disputes

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