Which of the Following Statements Should Be Included in a Directors

question 31

Multiple Choice

Which of the following statements should be included in a Directors' Responsibility Statement/ Declaration?

• A)whether in their opinion the financial statements comply with accounting standards and company legislation
• B)whether in their opinion the financial statements give a true and fair view of the financial position and financial performance of the entity
• C)whether or not in their opinion, when the declaration was made, there were reasonable grounds to believe that the company would be able to pay its debts as they become due
• D)All of the given answers should be included.

---

Definitions:

Fuel Additive

Chemical substances added to fuel to improve its properties, like increasing octane ratings or reducing engine wear or emissions.

Gas Mileage

The number of miles a vehicle can travel using one gallon of fuel, used as a measure of fuel efficiency.

Correlation With Causation

Correlation with causation implies mistakenly interpreting a simultaneous occurrence of events or variables as one causing the other, without evidence of a causal link.

Satellite TV

A television system in which programs are transmitted to viewers via satellite, allowing for a wide coverage area and diverse programming.