The Society which requires no help from official and non-official staff for its working (excepting annual audit) comes under……………..

Related MCQs

• are lists of audit procedures to be performed by audit staff in order to obtain sufficient appropriate evidence.
• Where it is possible written notice must be sent to all members at their official addresses at least ………………………prior to annual and extraordinary general meetings
• In the case of a society, the working capital of which exceeds twenty thousand rupees, ……………………………..showing receipts and disbursements and the outstanding under various heads from day to dayis maintained.
• A…………………… has been defined as an “economic and social organisation of the working people, serving not only interest of the members, but also social progress,” which promotes safeguards and realizes the interests and aspirations of the working people”.
• Every society shall maintain ……………….. , containing all vouchers for contingent expenditure incurred by the society, numbered serially and filed chronologically
• Every society shall maintain ……………….. showing the indebtedness of each member to the society whether on account of loan taken directly by him or on account of loan which he stands as surety.
• Every balance sheet of a co-operative society shall give …………………… view of the state of affairs of the society as at the end of the Co-operative year.
• ………………………may be summoned at the insistence of the management committee, the audit or the control committee, the registrar of cooperatives, or at the request of at least ten percent (10%) of all the members of the cooperative.
• The main object of audit today is to ……….
• In farming societies producing crops with an annual cycle the basis of valuation of by products may be …………………