The responsibilities of management include （ ）
A: preparing for financial statements
B: Establishing effective internal control over financial reporting¡
C: Compliance of regulations of companies
D: Complaince with auditing standards
A: preparing for financial statements
B: Establishing effective internal control over financial reporting¡
C: Compliance of regulations of companies
D: Complaince with auditing standards
举一反三
- Which of the following statements about financial statements and reporting standards is least accurate（） A: Reporting standards focus mostly on format and presentation and allow management wide latitude in assumptions. B: The objective of financial statements is to provide economic decision makers with useful information. C: Reporting standards ensure that the information in financial statements is useful to a wide range of users.
- Which of the following statements about financial statements and reporting standards is least accurate（） A: Reporting standards focus mostly on format and presentation and allow management wide latitude in assumptions. B: The objective of financial statements is to provide economic decision makers with useful information. C: Financial statements could potentially take any form if reporting standards didn’t exist.
- Which of the following statements about financial reporting standards is least accurate Reporting standards:（） A: narrow the range within which management estimates can be seen as reasonable. B: make financial statements comparable to one another. C: are disclosed on Form 8 -K by publicly traded firms in the United States.
- Which of the following organizations is least likely involved with enforcing compliance with financial reporting standards A: Financial Service Authority (FSA). B: Securities and Exchange Commission (SEC). C: International Accounting Standards Board (IASB).
- Which of the following factors increase the credibility of accounting<br/>communication?() A: Accounting standards and auditing B: Monitoring by financial analysts C: Management reputation D: All of the above