Which of the following does company law require a statement of financial position to give?
A、A true and fair view of the profit or loss of the company for the financial year
B、An unqualified (or 'clean') report on the statement of affairs of the company as at the end of thefinancial year C
A、true and fair view of the statement of affairs of the company as at the end of the financial year
A、A true and fair view of the profit or loss of the company for the financial year
B、An unqualified (or 'clean') report on the statement of affairs of the company as at the end of thefinancial year C
A、true and fair view of the statement of affairs of the company as at the end of the financial year
【参考答案及解析】
Rationale： Option A refers to the statement of profit or loss, not the statement of financial position. Option B refers to audit reports.Pitfalls: If you were in a hurry, you might have selected option A immediately you saw the words 'true and fair'. Avoid such mistakes by reading through all question options carefully, keeping an open mind
Rationale： Option A refers to the statement of profit or loss, not the statement of financial position. Option B refers to audit reports.Pitfalls: If you were in a hurry, you might have selected option A immediately you saw the words 'true and fair'. Avoid such mistakes by reading through all question options carefully, keeping an open mind