Which of These Is Not the Function of a Recognised

question 1

Multiple Choice

Which of these is not the function of a Recognised Supervisory Body?

• A) Admission of members
• B) Disciplining members
• C) Setting ethical standards
• D) Investigating complaints
• E) Reviewing audits of public limited companies to maintain auditing standards

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Definitions:

Operating Activities

Part of cash flow analysis, these involve the core business activities of a company including production, sales, and delivery of its product or service.

Long-Term Borrowing

Loans or debts obtained with repayment schedules extending over a period longer than one year.

Dividends Paid

A corporation's distribution of earnings to its shareholders, generally as a profit allocation.

Return On Assets

A financial ratio that indicates how profitable a company is relative to its total assets, measuring efficiency in generating profits.