The audit fee is calculated on the basis of ………………….. of – McqOptions

MCQOPTIONS

1.	The audit fee is calculated on the basis of ………………….. of the societieson the last day of the co-operative year
A.	gross profit
B.	net profit
C.	working capital
D.	paid up capital
Answer» D. paid up capital

Discussion

No Comment Found

Related MCQs

Under Co-operative Credit Societies Act 1904, a society could be formedby any ………. persons living in the same village or town.
In the case of central society including a District Co-operative Bank anamount not exceeding ……….. of the paid up capital shall be used for dividend to its members.
The general body of a society shall constitute a committee for period notexceeding ……….. years
…………… was permitted to use their discretion in making rules and byelaws of the societies under Co-operative Societies Act 1912.
No member shall hold more than … of the total share capital of the society.
The …………. of a meeting are a written record of the proceedings of themeeting.
The committee shall meet at least ………. in advance and pass a resolutionfixing the date, time and place for the conduct of election of the new committee.
Who was the first Registrar in Travancore State?
……………. means a society having the whole of the state as its area ofoperation and having as its members only other societies with similar objects and declared as such by the Registrar.
Federal co-operative shall be registered under……………