alleryStart learning →Who may direct a longer retention period when an investigation is ordered?
AThe statutory auditor
BThe Registrar of Companies
CThe Board of Directors
DThe Central Government
Answer & Solution
Correct answer: D. The Central Government
The proviso to Section 128(5) lets the Central Government direct longer retention where a Chapter XIV investigation is ordered.
Keep practising Audit Documentation
Browse all Audit Documentation questions for CA Inter, or explore more Auditing topics.
Related questions
Who should be allowed to stop or alter an audit trail process?An accounting audit trail links detailed transactions toInternal evidence becomes more reliable when internal controls areAs misstatement risk rises, the evidence an auditor should collectA direct reply from an outside party about an assertion is aRe-adding totals to test arithmetic accuracy is calledAudit evidence gathered by auditors is recorded in the auditThe auditor must comment on transactions with an adverse effect on