Company Law Quiz
Authored by Sharifah Nur Asmaa' Syed Azman
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University
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary role of an auditor?
To prepare financial statements
To manage company meetings
To independently examine financial statements
To advise the board on legal matters
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the minimum notice period for an AGM of a public company as per CA 2016?
7 days
30 days
21 days
14 days
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who may be appointed as an auditor of a company?
Any individual with accounting experience
An approved company auditor
A company director
A shareholder of the company
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key duty of a company secretary?
Conducting audits
Maintaining company records
Preparing financial statements
Managing shareholder disputes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the consequence of an auditor breaching their duty of care?
They will be disqualified from auditing
They may be promoted
They may be liable for damages to the company
They will receive a warning
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the Audit Committee as per MCCG?
To prepare financial statements
To ensure internal audit is effective and independent
To oversee financial reporting
To manage company meetings
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What must an auditor do if they find unsatisfactory results during an audit?
Ignore the findings
Conduct a full audit
Report to the shareholders
Resign immediately
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