Auditing · Specialized Audit
While conducting an audit of Indian railway companies, which specific governing statute must be referred to along with general accounting principles?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The Partnership Act, 1932
- 2The Railways Act, 1989✓
- 3The Banking Regulation Act, 1949
- 4The Companies Act, 1956 only
Correct answer
The Railways Act, 1989
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