Which of the Following Statements Is Not True for Accountants

question 10

Multiple Choice

Which of the following statements is not true for accountants in general?

• A) They should be objective and free from bias when performing their duties.
• B) The information they report should represent faithfully the underlying transactions and events.
• C) They adopt different accounting methods to suit their own needs, and the needs of the company.
• D) None of the given options is correct.

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Definitions:

Cell Reference

An identifier for a specific cell in a spreadsheet, typically consisting of a column letter and a row number, used for calculations or to identify a data point.

CTRL+SHIFT+N

A keyboard shortcut commonly used to create a new document or initiate a new action in software applications.

Workbook

A file containing one or more spreadsheets, used in software applications like Microsoft Excel for organizing data.

Excel

A spreadsheet program developed by Microsoft, used for calculating, analyzing, and visualizing data.