If the Management of a Company Believes That in Complying

Multiple Choice

If the management of a company believes that in complying with the accounting standards, the financial reports would not show a true and fair representation, they:

A) are not legally required to comply with the standards.
B) just have to disclose that they have not used the standard.
C) do not have to adhere to the standards in this situation.
D) must comply with the standards and have the option of including a note in the report.