Although rule-based accounting provides a complete guideline to the accountants in maintaining and reporting financial information even then there are many who disbelieve such step by step achievements. Therefore, there view is that a. Rule-based accounting is also a challenge for auditors b. Check the box and connect the dots approach can't clarify qualitative aspect c. They discourage the judgmental approach in financial analysis d. All of the options.
Although rule-based accounting provides a complete guideline to the accountants in maintaining and reporting financial information even then there are many who disbelieve such step by step achievements. Therefore, there view is that a. Rule-based accounting is also a challenge for auditors b. Check the box and connect the dots approach can't clarify qualitative aspect c. They discourage the judgmental approach in financial analysis d. All of the options.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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117-Although rule-based accounting provides a complete guideline to the accountants in maintaining and reporting financial information even then there are many who disbelieve such step by step achievements. Therefore, there view is that
a. Rule-based accounting is also a challenge for auditors
b. Check the box and connect the dots approach can't clarify qualitative aspect
c. They discourage the judgmental approach in financial analysis
d. All of the options.
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