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CA Final Chartered Accountants Act, 1949 — practice questions — page 3

Explore 74 free Chartered Accountants Act, 1949 questions in CA Final Auditing. Open each question or exercise to read its content, reference answers and available explanation.

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Chartered Accountants Act, 1949 questions and exercises with answers

Showing questions 61–74 of 74.

Letting a non-member sign a balance sheet for his firm is misconduct under which Part I item?Read the answer and worked solution →Allowing someone to practise in his name is permitted only if that person is what?Read the answer and worked solution →Sharing fees with a non-member outsider falls under which First Schedule Part I item?Read the answer and worked solution →Partnership with a non-CA who is not in a recognised profession breaches which Part I item?Read the answer and worked solution →A member who is not a fellow but acts as one is guilty under which Part?Read the answer and worked solution →Court guilt for an offence with imprisonment up to six months is treated under which Schedule?Read the answer and worked solution →Under First Schedule Part IV(2), who forms the opinion that conduct brings disrepute?Read the answer and worked solution →Not disclosing a material fact needed in accounts breaches which item?Read the answer and worked solution →Which Second Schedule item covers lack of due diligence or gross negligence?Read the answer and worked solution →Not obtaining sufficient information to support an opinion is misconduct under which item?Read the answer and worked solution →Contravening the Act or Council guidelines is misconduct under which item?Read the answer and worked solution →An employee-member leaking confidential data is guilty under which item?Read the answer and worked solution →Defalcating money received professionally is misconduct under which item?Read the answer and worked solution →A conviction carrying over six months' jail falls under which Part?Read the answer and worked solution →

Worked practice questions

Letting a non-member sign a balance sheet for his firm is misconduct under which Part I item?

  1. Item 3
  2. Item 5
  3. Item 8
  4. Item 12
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Correct answer: D. Item 12

Item (12) of Part I covers allowing a person who is not a member in practice or partner to sign statements on his behalf.

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Allowing someone to practise in his name is permitted only if that person is what?

  1. A CA in practice
  2. A close relative
  3. A senior client
  4. An articled assistant
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Correct answer: A. A CA in practice

Item (1) of Part I excuses it only if the person is a chartered accountant in practice in partnership with or employed by him.

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Sharing fees with a non-member outsider falls under which First Schedule Part I item?

  1. Item 1
  2. Item 2
  3. Item 7
  4. Item 9
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Correct answer: B. Item 2

Item (2) of Part I bars paying any share, commission or brokerage in fees to persons outside the permitted groups.

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