Chapter 10. MC 10-8. I may have written down something wrong in class. Theres no change in the answer (which is “b”), right?
No, in class I crossed out “b”, and said it should be “c”. Probably it is my accent to blame; “b”, “c”, and “d” they all sounded like “z”, “z”, “z” from me. Chapter 7. MC 7-3: I think both a and d are the correct answers. I don’t know why the answer is a instead of d. MC7-7: I choose answer b. But the answer is c. I am confused. MC 7-3:(d) deals with presentation and disclosure which can be effectively examined by analytical procedures such as comparing the figures of two financial years for consistency in presentation and disclosure. On the other hand, (a) deals with right and obligation which will not be effectively examined by any one of the 6 categories of common analytical procedures on page 64. Normally, right and obligation can only be effectively examined by physically examining the contracts and other similar documents, not by analytical procedures.
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- Chapter 10. MC 10-8. I may have written down something wrong in class. Theres no change in the answer (which is "b"), right?
