iew History Bookmarks Window Help bb-tc.touro.edu Take Test: Chapters 1-3 Qu QUESTION 6 What is the purpose of information presented in notes to the financial statements? A To provide disclosures required by generally accepted accounting principles B. To correct improper presentation in the financial statements C. To provide recognition of amounts not included in the totals of the financial statements . To present management's responses to auditor comments QUESTION 7 The purpose of the International Accounting Standards Board is to A arbitrate accounting disputes between auditors and international companies. the financial transactions of companies B. develop a uniform currency in which c, promote uniform accounting standards among court nes of the world. D. issue entorceable standards which regulate the financial accounting and reporting of mutinational corporations through-out the world would be QUESTION 8 at is . expectation gap"? A. The difference between what the accountant is doing and what the Courts say the accountant should be doing B. The difference between what the public thinks the accountant is not doing and what the accountant knows they d do. C. The difference between what the public thinks the accountant is doing and what the accountant thinks they can d Click Save and Submit to save and submit. Click Save All Ansioers to save all answers. Save All