• [单选题]Is the following statement true or false?
  • 正确答案 :B
  • True

  • 解析:

    Where there is a significant change in ownership of the company, ISA 210 Agreeing the Terms of Audit Engagements recommends that a new audit engagement letter is sent to avoid misunderstandings.


  • [单选题]15 What journal entry is required to record goods taken from inventory by the owner of a business?
  • 正确答案 :A
  • Debit Drawings


  • [单选题]10 Which of the following costs should be included in valuing inventories of finished goods held by a manufacturing
  • company, according to IAS2 Inventories? 1 Carriage inwards. 2 Carriage outwards. 3 Depreciation of factory plant. 4 Accounts department costs relating to wages for production employees.

  • 正确答案 :C
  • 1, 3 and 4 only


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