Adequate disclosure in financial statements to meet the needs and purposes of their users is a means of attaining the quality of     a. neutrality b. verifiability c. understandability d. faithful representation

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 34MCQ: Which management assertion addresses whether the components of the financial statements arc properly...
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Adequate disclosure in financial statements to meet the needs and purposes of their users is a means of attaining the quality of
 
 
a. neutrality
b. verifiability
c. understandability
d. faithful representation
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