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What effect does a framework have on an accountant's need to exercise professional judgement?

  A Reduces the scope for professional judgement.

 

B Increases the scope for professional judgement.

 

C Eliminates the scope for professional judgement.

 

D Has no impact on the scope for professional judgement.

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Question added by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date Posted: 2015/06/08
Upvote (2) Views (13) Followers (5) Answers (3) Report Question
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Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option A is the right answer.

alex kitili
by alex kitili , Assistant Accountant , Barclays - Kenya

3 eliminatesthe scope for proffessional judgement

lakshminarasimham mallareddi
by lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Correct answer is B. Increases the scope for professional judgement.

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