Ravi Staff asked 5 years ago
18. Inherent limitation due to Nature of Financial
Reporting does not includes:
a) Judgement by management.
b) Subjectivity
c) Incomplete information provided by the
management whether intentionally or
unintentionally
d) Range of Interpretations
Answer:- c) Incomplete information provided by the
management whether intentionally or
unintentionally
1 Answers
Ravi Staff answered 5 years ago
MCQ revised for better understanding:
Inherent limitation due to Nature of Financial Reporting does not include:
a)Judgement by management.
b)Subjective decisions or assessments
c)Auditor not having investigation powers
d)Range of Interpretations
Answer:- c)Auditor not having investigation powers