下列关于估价报告的说法中，不正确的有( )。

A．估价报告是关于估价对象的客观合理价格或价值的研究报告

B．估价报告可视为估价人员提供给委托人的“产品”

C．估价报告应重在内在质量，外在质量不是很重要

D．估价报告是全面、公正、客观、准确地记述估价过程、反映估价成果的文件

E．估价报告应对难以确定的事项予以说明，但不得描述其对估价结果可能产生的影响

Lorna is a final year art student at the National College of Art and Design. Since September 2006 Lorna would, from time to time, make various pieces of jewellery as gifts for her friends and sometimes they would ask her to make a specific piece. Her friends would then pay her for the piece, the amount paid was usually decided upon by her friends and not Lorna.Since September 2008 Lorna has begun to increase her range and sales of jewellery. She continues to sell through a network of friends and relations. Lorna also recently purchased a small stock of beads, stones, glass and other materials. She now prices the item, herself, rather than leaving it up to the individual to set the price.Recently Lorna’s brother who is a trainee accountant has told her that she may have an income tax liability arising from the sale of the jewellery. Lorna is concerned at this as she believed this was her hobby.Required:

(b) State, giving reasons, whether in your opinion Lorna would be regarded as carrying on a trade and if so, the extent of any tax liability. (4 marks)