To Determine Whether Generally Accepted Accounting Principles Were Followed in the Preparation

question 33

Multiple Choice

To determine whether Generally Accepted Accounting Principles were followed in the preparation of financial statements,an examination of:

• A)tax documents would be examined by the Revenue Canada Agency.
• B)the annual report would be examined by the Toronto Stock Exchange.
• C)the financial statements and related documents would be examined by an independent auditor.
• D)the financial statements and related documents would be examined by the CICA.

---

Definitions:

ERA

Stands for the Equal Rights Amendment, a proposed amendment to the United States Constitution aiming to guarantee equal legal rights for all American citizens regardless of sex.

Lifestyle

The interests, opinions, behaviors, and behavioral orientations of an individual, group, or culture, often associated with personal choices, living practices, and consumption patterns.

American Foreign Policy

The strategies and decisions by which the United States government interacts with other countries, shaped by national interests and political values.

Woodrow Wilson

The 28th President of the United States (1913-1921) known for leading the country during World War I and for his 14 Points proposal for peace.