BA4 Exam Dumps : Fundamentals of Ethics, Corporate Governance and Business Law

Independent external audit gives confidence in the financial statements which is required as the directors have incentives to manipulate the financial statements presented to the shareholders

As the directors are responsible for the day-to-day management of the company, they hold more detailed information which is resolved by the presentation of financial statements to the shareholders and this needs to be guaranteed by independent external audit.

Independent external audit gives confidence in the financial statements by including the auditor's opinion on whether or not they show a true and fair view.

As the directors are responsible for the day-to-day management of the company, they hold more detailed information which is resolved by the presentation of financial statements to the shareholders and there is a need for this to be assured by independent external audit

Yes, her feelings could be influencing her independence of mind

No, she is not actually dating Mr L so her independence of appearance is not compromised

No, provided she does not act on her feelings and continues to be professional

Yes, having dinner with a work colleague can affect her independence of appearance

Goods on display in a shop window.

A billboard advertisement

Goods on display on a supermarket shelf.

A street vendor who offers a passerby a bunch of bananas for £1.

A man who offers to sell his car for £1500 to a potential buyer.