Multiple Choice
Which of the following statements should be included in a Directors' Responsibility Statement/ Declaration?
A) whether in their opinion the financial statements comply with accounting standards and company legislation
B) whether in their opinion the financial statements give a true and fair view of the financial position and financial performance of the entity
C) whether or not in their opinion, when the declaration was made, there were reasonable grounds to believe that the company would be able to pay its debts as they become due
D) All of the given answers should be included.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Corporate governance is the framework of rules,relationships,systems
Q27: The Companies Act requires which of the
Q29: Enumerate the sources of accounting regulation in
Q30: The role of the Financial Reporting Council
Q32: Accounting cannot be considered to be 'culture
Q33: In the absence of regulation,for auditing to
Q34: Those in favour of regulating the provision
Q37: Responsibility for the preparation of the financial
Q66: A joint Memorandum of Understanding between the
Q68: Some of the costs of international convergence