The audit of a public limited company is ___?

A. Necessary on yearly basis
B. After every three yeas
C. After every six months
D. Not Necessary

Answer

Correct Answer: A. Necessary on yearly basis

Detail about MCQs

The audit of a public limited company is typically necessary on a yearly basis. This annual audit is conducted to ensure the accuracy and reliability of the company’s financial statements, providing assurance to shareholders, regulators, and other stakeholders about the company’s financial health and adherence to accounting standards.

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