Multiple choice

The auditor of a company is appointed for a period of

  1. one year

  2. two years

  3. three years

  4. five years

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In standard practice, a company auditor is appointed at each annual general meeting to hold office until the conclusion of the next annual general meeting. This effectively makes the term one year, subject to reappointment.