55.

56.

57.

58.

59.

60.

61.

62.

63.

64.

035/22

The appointing authority of internal auditor of a co-operative society is

A) Managing Committee B) General body
C) Registrar D) CSEB

of the following classes of societies are exempted from the payment of
audit fees.

A) All co-operative societies of which all or majority of the members are belonging to
Scheduled Caste or Scheduled Tribes including its Apex Co-operative Society

B) All Farming societies which do not accept deposits and do not grant loans and
advances

C) All Social Welfare Societies which do not accept deposits and do not grant loans

D) All of these

Qualification of DCA is specified in __ of KCS Act/Rules 1969.
A) Rule 64A B) Section 64 C) Section 65 D) Rule 64B
Internal control includes
A) Internal Check B) Internal Audit
C) Both A) and B) D) Interim Audit
need pay only half of the rate of audit fees chargeable as per Rule 65 of

KCS Rule 1969.

A) Vanitha Co-operative Societies B) Dairy Co-operative Societies

C) All Coir Co-operative Societies D) All of these

Checking of casting and posting come under

A) Routine Checking B) Continuous Checking

C) Special Checking D) Successive Checking

When an entry is made in journal,

A) Assets are listed first B) Accounts to be debited listed first

C) Accounts to be credited listed first D) Accounts may be listed in any order
is an example of capital reserve.

A) Premium on issue of shares B) Premium on issue of debentures

C) Profit on sale of fixed assets D) All of these

It shall be the duty of the of every society to ensure the accuracy of financial

and other statutory statements.

A) Auditor B) Managing Committee

C) Chief Executive D) DCA

Rectification report on the defects mentioned in the audit certificate is to submitted
to the Registrar and DCA within two months of the receipt of the audit certificate as
per of KCS Act/Rules 1969.

A) Section 63 B) Section 64 C) Rule 64A D) Rule 64B

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