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