IIA Exam CPEA Topic 1 Question 18 Discussion

Actual exam question for IIA's CPEA exam

Question #: 18
Topic #: 1

Following statements are true about the legal requirements of books accounts for the companies Except:

ABooks of accounts should be preserved for 10 years

BBooks of accounts are to be kept at the registered office of the company

CDirectors can review the books of account during the business hours

DIf a company fails to maintain books of accounts according, it may leads to demolish the entity

Show Suggested Answer

Suggested Answer: D

by Lilli at May 08, 2022, 12:44 AM

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