Which of the Following Is NOT a Responsibility of Management

question 27

Multiple Choice

Which of the following is NOT a responsibility of management?

• A) Ensuring that the company can pay debts as and when they become due and payable
• B) Ensuring that the accounts comply with accounting standards
• C) Enhancing the confidence of financial report users
• D) Adopting sound accounting policies and maintaining adequate internal controls

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Definitions:

Popliteal Fossa

The shallow depression located at the back of the knee joint, containing nerves and blood vessels.

Olecranon Process

The bony prominence of the ulna at the elbow, which forms the point of the elbow and serves as an attachment for muscles.

Thenar Eminence

The muscular bulge on the palm of the hand at the base of the thumb, composed of short muscles that control thumb movements.

Cubital Fossa

The cubital fossa is the triangular area on the anterior aspect of the human arm immediately distal to the elbow; it is bordered by the brachioradialis, pronator teres muscles, and the imaginary line connecting the epicondyles of the humerus.