Cost Audit is applicable in case of the companies falling under certain specific categories of industries and for those companies who have been asked by the central government to maintain the cost accounting records and get these cost accounting records audited as per the provisions of of the Companies Act, 2013

Related MCQs

• of the Companies Act, 2013 provides that the Internal Auditor shall be a Chartered Accountant or a Cost Accountant or any other professional as may be decided by the Board of Directors.
• As per the RBI Internationals Banks have to maintain a Capital Adequacy Ratio of
• The Balanced Scorecard approach has been criticized for leaving out certain measures. One of these is:
• Which of the following is not one of the eight specific principles of Social Audit?
• The Tata Group of Industries have modified and internalised the Baldridge Criteria and is known as the
• Cost Audit is comprised in which of the following steps?
• Under responsibility accounting, the evaluation of a manager’s performance is based on matters that the manager:
• Which is not a primary objective of audit?
• Which of the following area is not covered by management audit?
• Which of the following area is specially covered by Management Audit?