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3.1 Choose an explanation from COLUMN B that matches the individual or term in COLUMN A - NSC Accounting - Question 3 - 2023 - Paper 1

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3.1 Choose an explanation from COLUMN B that matches the individual or term in COLUMN A. Write only the letter (A–D) next to the question numbers (3.1.1 to 3.1.3) in... show full transcript

Worked Solution & Example Answer:3.1 Choose an explanation from COLUMN B that matches the individual or term in COLUMN A - NSC Accounting - Question 3 - 2023 - Paper 1

Step 1

3.1.1 Director

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Answer

The correct answer is C: manages the operating, financing and investing activities of a company.

Step 2

3.1.2 Unqualified audit report

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Answer

The correct answer is D: the financial statements fairly present the financial position of the company.

Step 3

3.1.3 Shareholder

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Answer

The correct answer is B: the person who invests funds in a company.

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