What is the meaning of pre-occupation?
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07 September 2012
Respected Members', I had gone through an audit report of A listed Limited company, there stated that their auditor conveyed their inability to seek reappointment as statutory auditors of the company due to pre-occupation. I want to what is the meaning of pre-occupation? Please suggest
07 September 2012
Means the auditor is busy with other assignements and hence cannot give the due time to this assignment of audit and hence busy with pre - occupation.
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