Which of the following circumstances that may not create familiarity threats ? a) Long association with business contacts influencing business decisions b) Accepting a gift or preferential treatment, unless the value is very small. c) Commenting publicly on future events in particular circumstances, having made assertions without sufficient support d) Accounting entries being subject to review and justification by the same person responsible for making those entries. Only a) and d) Only b) , c) and d) Only d) Only c) and d

Which of the following circumstances that may not create familiarity threats ? a) Long association with business contacts influencing business decisions b) Accepting a gift or preferential treatment, unless the value is very small. c) Commenting publicly on future events in particular circumstances, having made assertions without sufficient support d) Accounting entries being subject to review and justification by the same person responsible for making those entries. Only a) and d) Only b) , c) and d) Only d) Only c) and d

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter8: International Cases

Section8.5: Shari’a

Problem 3Q

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