If a Company Has Changed Accounting Principles, the Auditor Will

question 4

Multiple Choice

If a company has changed accounting principles, the auditor will issue what type of statement?

• A) Lack of accounting standards.
• B) Change in costing principles.
• C) Lack of consistency.
• D) Misstatement of accounting principles.

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Definitions:

Television

An electronic system for transmitting visual images and sound that are reproduced on screens, primarily used for entertainment, information, and education.

Newspaper

A printed publication, usually issued daily or weekly, containing news, articles, advertisements, and other items of general interest.

Internet

The internet is a global network of computers that provides a vast range of information and communication facilities, including access to websites and the transmission of email and data.

Media

Various means of communication that reach or influence people widely, including newspapers, television, radio, the Internet, and other digital platforms.