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E. Training
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NEW QUESTION: 3
A. Option B
B. Option D
C. Option C
D. Option A
Answer: A
NEW QUESTION: 4
Mr D, a CIMA qualified accountant, is working on the preparation of a long term profit forecast required by the local stock market prior to a new share issue of equity shares. At the most recent board meeting the directors requested that the forecast be inflated. In Mr D's view this would grossly overestimate the forecast profit. The board intends to publish the revised inflated forecast.
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D. Submit the original forecast without the board's approval.
E. Adjust the figures in line with the board's request as this is a forecast and not the financial statements.
F. Consider reporting the situation to the appropriate authorities.
Answer: B,C,F
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Feedbacks
Aalk - 2014-05-05 16:45:18
Plato - 2014-05-05 16:45:51
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Eleanore - 2014-09-28 16:36:48