Q
What is meant by the expression ‘expectation gap’?
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A
A. The gap between how the directors of a company perform their duties and how the shareholders expect them to perform
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B
B. The gap between how the directors of a company perform their duties and how the general public expects them to perform
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C
C. The gap between the public perception of the role of company auditors and their statutory role and responsibilities
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D
D. The gap between the auditors’ own perception of their duties and how they are set out in the companies act
Correct Answer:
C. C. The gap between the public perception of the role of company auditors and their statutory role and responsibilities