alleryStart learning →An auditor tells only the Board of a large fraud. Which duty is breached?
ASection 143(1) access
BSection 143(12) reporting
CSection 143(8) branches
DSection 143(6) CAG audit
Answer & Solution
Correct answer: B. Section 143(12) reporting
A fraud above the specified amount must go to the Central Government immediately, so informing only the Board breaches sub-section (12).
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