While conducting the audit of receipts of Government Company, which of the following area is to be covered as part of Audit of Receipts? Whether all…

While conducting the audit of receipts of Government Company, which of the following area is to be covered as part of Audit of Receipts? Whether all revenues or other debts due to government have been correctly assessed, realised and credited to government account by the designated authorities of Government Company.Whether adequate checks are imposed to ensure the prompt detection and investigation of irregularities, double refunds, fraudulent or forged refund vouchers or other loss of revenue through fraud or wilful omission or negligence to levy or collect taxes or to issue refunds.Whether the expenditure incurred has been on the purpose for which the grant and appropriation had been provided and that the amount of such expenditure does not exceed the appropriation made.Whether the various schemes/projects are executed and their operations conducted economically and whether they are yielding the results expected of them.