Which of the following statements regarding footnotes to the financial statements is FALSE() A: Footnotes provide information about assumptions and estimates used by management. B: Footnotes may disclose what types of accounting methods are being used. C: Some supplementary schedules are audited whereas footnotes are not audited.

The accounting responsibilities of the audited company include ( ). A: Establish and improve the internal control system B: Submit relevant documents and necessary conditions for the audit C: Maintain the safety and integrity of assets D: Ensure that the accounting data submitted for audit are true, legal and complete

Which of the following items are not deductible when calculating the taxable income of enterprise income tax? A: Late tax payment penalties B: Penalties, fines and losses on confiscated properties C: Capital reserves that have yet been audited and determined D: Foreign exchange losses

c . If a principal auditor decides to refer in his or her report to the audit of another auditor, he or she is required to disclose A: Name of the other auditor B: Nature of the inquiry into the other auditor's professional standing and extent of he review of the other auditor's work C: Portion of the financial statements audited by the other auditor D: Reasons for being unwilling to assume responsibilities for the other auditor's work