Reference no: EM133012230

Problem a) In relation to subsequent events, the 'authorisation date' for companies is the date:

Select one:

a. The date auditor signs the audit report.

b. The date when the financial reports are accepted by the taxation office.

c. The date financial reports are signed off by the accountant in the presence of the auditor's representative.

d. The date when the reports are given final approval by the governing body or management of the entity, whichever is applicable

Problem b) The right order of five phases of extractive industries is:

Select one:

a. Identification, valuation, development, construction and production.

b. Exploration, assessment, research, development and production.

c. Exploration, evaluation, development, construction and production.

d. Exploitation, feasibility, establishment, commissioning and manufacturing.