1. Why is the following line item of the financial statements relevant to Verification of BBBEE? And what will this information be used for as part of BBBEE verification?

The nature of the business disclosed in financial Statement.

Related party Transactions

Staff cost

Foreign exchange losses or gain

2) What source document will you use to verify items listed in question 1

3)Why is the preparing the financial statements in International Financial Reporting Standard relevant to Verification of BBBEE? And what will this information be used for as part of BBBEE verification?

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Relevance of Line Items and Sources for ... View the full answer