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QUESTION

Discuss in brief the liabilities of an auditor under the Companies Act, 1956. Define cost audit and state in which cases it may be ordered. What are

  1. Discuss in brief the liabilities of an auditor under the Companies Act, 1956.
  2. Define cost audit and state in which cases it may be ordered. What are the objectives of cost audit?
  3. Distinguish clearly between financial, cost and management audit.
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