Read part B of the interview on page 55 and decide if the statements are true (T) or false (F). Drag the T or F to the blank spaces. 1) Balance sheets are normally produced each month. ______ 2) Double-entry bookkeeping is more or less the same everywhere. ______ 3) Europe is close to harmonizing its accounting rules. ______ 4) Auditors should check that the accounts have been presented properly. ______ 5) Arthur Andersen caused the collapse of Enron. ______ 6) There are many different branches of accountancy. ______ 7) Only accountants are allowed to make budgets and forecasts. ______ 8) Mr Rahman loves everything to be right. _______
1 False (they are usually annual)
2 True
3 False (the text says there is ‘still a fair way to go’)
4 True
5 False (it was the other way round)
6 True
7 False (competent businesspeople could do them too)
8 True
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Bus Upper Inter read 12 3
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Created on December 2, 2024
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Transcript
Read part B of the interview on page 55 and decide if the statements are true (T) or false (F). Drag the T or F to the blank spaces. 1) Balance sheets are normally produced each month. ______ 2) Double-entry bookkeeping is more or less the same everywhere. ______ 3) Europe is close to harmonizing its accounting rules. ______ 4) Auditors should check that the accounts have been presented properly. ______ 5) Arthur Andersen caused the collapse of Enron. ______ 6) There are many different branches of accountancy. ______ 7) Only accountants are allowed to make budgets and forecasts. ______ 8) Mr Rahman loves everything to be right. _______
1 False (they are usually annual) 2 True 3 False (the text says there is ‘still a fair way to go’) 4 True 5 False (it was the other way round) 6 True 7 False (competent businesspeople could do them too) 8 True
Click here to see the answer