Under CLERP9,which of the Following Is Not Relating to Specific

question 28

Multiple Choice

Under CLERP9,which of the following is not relating to specific disclosures in the directors report?

• A)if the directors are satisfied that auditor independence has not been impacted by the provision of non-audit services,a statement of the directors' reasons for being satisfied.
• B)details of the amount paid or payable to the company's auditor for non-audit services (each non-audit service must be listed separately along with the amount paid or payable for that service).
• C)a statement whether the directors are satisfied that the provision of non-audit services by the auditor impacts the auditor's independence.
• D)disclosure of material transactions between auditor and entity during the period under audit.

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Definitions:

Split-off Point

The stage in a production process where joint products can be recognized as distinct products, each capable of being sold or processed further independently.

Product X

Product X represents a placeholder name for a generic product, used when the specific identity of the product is not disclosed or is hypothetical.

Minimum Amount

The smallest quantity or value permissible, often used in the context of financial transactions or requirements.

Fixed Expenses

Costs that do not change in total regardless of changes in the level of activity or volume, such as rent and insurance premiums.