Answer:
Misstatement is referred to as errors in the presentation of financial information that could lead to wrong decision by the users
Explanation:
Occurrence : Issuing of dummy invoices for sales that did not occur
Completeness: Sales invoice were not fully recorded due to omission or misplacement
Authorization: Sales are not approved by the responsible manager. No authorized signature
Accuracy : Casting of sales figure on the register is not correct.
Cutoff : Sales are not recorded in the proper accounting period. January sales being recorded in the previous year account.
Classification : Grants being wrongly recorded as revenue
Presentation : Exaggerated revenue.
Answer:
the monthly payment column represents the principal and interest payment for each $1,000 you borrow. For example, if you borrow $100,000 for 30 years at 4.25%, your monthly payment per $1,000 borrowed would be $4.92. Multiply that factor (4.92) by 100 (100,000/1,000) to estimate your monthly payment of $492.00.
Answer:
If you can prevent a nonpaying consumer from having access to a good or service, that good is excludable. For example, only clients that buy a ticket can enter a movie theater and watch the movie.
A good or service that can be consumed by only one consumer (or a specific number of consumers) is rival in consumption because other people cannot consume them simultaneously. For example, once the movie theater sold out, no more people can get inside and watch the movie.
Answer:
C = 11,420.7405
Explanation:
Loan for 37,000 at 9% in four annual payment
We have to calculate the cuota of an annuity
where rate = 0.09
time = 4
and present value is the 37,000 we receive today
C = 11,420.7405
Based on the data set that is summarized the number of values less than or equal to 6 are 20.
<h3>What is the frequency of a number?</h3>
The frequency (f) of a given value is known to be defined as the rate or the number of times the value is said to have taken place or seen in the data.
Note that the distribution of a variable is seen to be the pattern of frequencies, that connote that the set of all possible given values and the frequencies is linked to these values.
Note that according to the table, the numbers that are less than or equal to 6 are: 5 + 3 + 2 + 3 + 4 + 3 = 20
Therefore, Based on the data set that is summarized the number of values less than or equal to 6 are 20.
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