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(5) The audit manager for the audit of Bob Ltd has been asked to attend a social event where the Directors of Bob will outline rights issues to current shareholders. If the audit manager attends the event which ethical threat would be created? A Familiarity B Advocacy C Selfreview D Selfinterest its answer is b but i think its a please sir help me to solve confusion how its b
Yeah how come it is not A?
I think the question could be better worded. You could argue for self interest but a normal social event is probably not sufficiently serious. I think the detail added about the purpose of the social event swings the balance towards advocacy.
The best answer is Advocacy, as I said above.
If you want to discuss it amongst yourselves General Forums is the appropriate place. This is the Ask The Tutor Forum.
