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متابعة

All of the following are limitations to the information provided on the statement of financial position except the

 

a. quality of the earnings reported for the enterprise.

b. judgments and estimates used regarding the collectability, salability, and longevity of assets

c. omission of items that are of financial value to the business such as the worth of

 

the employees.

 

d. lack of current valuation for most assets and liabilities.

 

 

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تم إضافة السؤال من قبل mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia
تاريخ النشر: 2015/05/28
Vipul Khandelwal
من قبل Vipul Khandelwal , Senior Manager , ESSAR ENERGY PLC

Correct answer seems to be1) quality of earnings reported for the enterprise

عبدالحميد عفلي
من قبل عبدالحميد عفلي , متصرّف مسؤول المحاسبة العامة والنزاعات الجبائية , الشركة الجهوية للنقل بالقيروان

a)quality of the earnings reported for the enterprise

Ahmed Abdi Mahad
من قبل Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

I think choice A, "quality of earnings reported for the enterprise" is the right answer for this question

حسين محمد ياسين
من قبل حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

agree with answers >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Emmanuel Sibbaluca
من قبل Emmanuel Sibbaluca , Accountant , Jubaili Bros SAL

I think the answer is "D". current valuation of assets and liabilities can be derived from the values in the balance sheet. Therefore current valuation is not its limitation.

Patriotismo Tacasa
من قبل Patriotismo Tacasa , Bookkeeper , G TECSON BUSINESS AGENCY

ommision of item that are of financial value to the business such as the worth of the employees.

 

Vinod Jetley
من قبل Vinod Jetley , Assistant General Manager , State Bank of India

 

d. lack of current valuation for most assets and liabilities.

Muhammad Azeem - CFMA
من قبل Muhammad Azeem - CFMA , Finance Manager , Food Concepts LLC (Elevation Burger)

I think correct answer is "B", please explain what is correct answer if be is not. 

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

>>>>>>>>>>a. quality of the earnings reported for the enterprise.

mohamed Hakim CMA CPA Candidate
من قبل mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

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answer is  :  A 

 

quality of the earnings reported for the enterprise.

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thanks for all answers

 

 

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