The Chairman's Report of Pudding Plc States That Investment Property

question 24

Essay

The Chairman's Report of Pudding plc states that investment property rental forms a major part of revenue. However, a note to the financial statements shows that property rental represents only 1·6% of total revenue for the year. The audit senior is satisfied that the revenue figures are correct. The audit senior has noted that an unmodified audit report should be given as the audit opinion does not extend to the other reports.
Is the audit senior correct?

---

Definitions:

White-authored Essays

Written works produced by individuals identified as white, which may involve perspectives or cultures predominant in white societies.

Higher Evaluations

Advanced assessments or judgments concerning the value, performance, or nature of something or someone.

Stereotypes

Oversimplified and widely held beliefs or generalizations about the characteristics, attributes, and behaviors of a particular group of people.

Male Athletes

Individuals who engage in competitive physical sports and activities and are categorized by their gender as male.