true or false ?

*Lehman modified the terms of the standard agreement (repurchase agreements) and used an aggressive interpretation of SFAS No. 140 to account for these modified agreements as collateral for the loan : true or fals

* The Lehman case encompasses various elements of the financial reporting process, including the roles played by management, the audit committee, and the external auditor in making, approving, and

attesting to the choice of an accounting method, and the impact of that choice on the financial statements and on various financial statement users.:true or false

* Auditing standards state: "generally accepted accounting principles recognize the importance of reporting transactions and events in accordance with their substance. The auditor should consider

whether the substance of transactions or events differs materially from their form".:true or false