Q3: Types of AuditShort

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Question's Short Description

1: Statutory audit 2: Internal audit 3: Tax audit 4: Cost audit 5: Government audit

Question's Long Description

1: Statutory audit is compulsory for companies

2: Internal audit is done by employees of company

3: Tax audit is for income tax purposes

4: Cost audit checks cost records

5: Government audit is done for public sector undertakings

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