For what purpose is an audit clause added in a partnership deed?

Correct answer: To prescribe rules for auditing/inspection of accounts and to ensure reliability of accounts

The audit clause is included to provide a defined procedure for inspecting or auditing the firm's accounts and to ensure the reliability and correctness of those accounts. It helps detect errors or fraud and maintains partners' confidence. Option B is incorrect because rules for profit distribution are covered under the profit-sharing clause, not the audit clause. Option C relates to capital/withdrawal provisions (capital clause) and is therefore incorrect. Option D is irrelevant—age or marital status is not addressed by an audit clause. Exam tip: Memorize clause names and purposes (audit clause, profit-sharing clause, capital/withdrawal clause) so you can match the clause to its function quickly in exams.