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Leto [7]
1 year ago
5

The probability that either an error or fraud will result in a material misstatement is ______.

Social Studies
1 answer:
Sphinxa [80]1 year ago
4 0

The probability that either an error or fraud will result in a material misstatement is risk of material misstatement and inherent risk

<h3>What is material misstatement?</h3>

A major misrepresentation is information in the financial statements that is sufficiently false to have an effect on the financial choices of those who rely on it.

Some errors are material despite not being noteworthy in terms of magnitude. A loan made to a director of a corporation, for instance, is material because those who use financial statements will value the information for making decisions. Both fraud and error are the causes of misstatements.

A misrepresentation happens when anything in the financial accounts is not handled correctly, which means that the relevant financial reporting system, notably IFRS, has not been properly implemented.

To learn more about material misstatement visit:

brainly.com/question/20910754

#SPJ4

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5 0
3 years ago
What could be a consequence of operating a small unmanned aircraft above its maximum allowable weight?
geniusboy [140]

Answer: Shorter endurance

Explanation: A small unmanned aircrafts are small aircrafts usually used for private purposes and it's control does not require direct human influence from within or on it,it is operated by already configured computer systems.

It is expected not to carry high weights than the specifications as stated on the manual. When filled with carrying weights above its maximum allowance it will cause the aircraft to have a short endurance( the fuel efficiency/economy will be reduced)

3 0
3 years ago
Which traits describe both Homo sapiens and Neanderthals? Select the three correct answers.
Nikolay [14]

Answer:

B. They hunted animals.

D. They made tools.

E.  They used fire.

Explanation:

The man Homo neanderthalensis or Neanderthals is a species of the genus Homo that lived approximately 250,000 ago. They walked upright, their thorax was wide and their limbs short. They lived in small groups and had a nomadic lifestyle. They were omnivorous and hunted all kinds in the earth and water dams, and made use of fire to cook some food, mainly vegetables. In several excavations, the tools they used were found; for example, tools made of flint. (Stones composed mainly of silica).

Homo sapiens or wise man, is what we commonly call "men." Like Neanderthals, we belong to the genus Homo. <em>The oldest remains found are 315,000 years ago</em>. Our species began as a hunter and nomad, composed of small groups where tasks such as hunting or gathering were divided. Like the Neanderthals, man created tools made of stone that allowed him to hunt.

There is evidence that both species, homo sapiens and homo neanderthalensis, interacted for many years and even procreated between both species. This due to the similarities between both species.

<em>I hope this information can help you.</em>

6 0
3 years ago
Read 2 more answers
What kind of evidence does the passage include to support this claim? Check all that apply. a firsthand account a quote from an
AysviL [449]

<u>Complete Question:</u>

Read the paragraph.

With car crashes being the leading cause of death among teenagers, many are in favor of raising the legal driving age to eighteen. According to the National Highway Safety Administration, the rate of crashes, both fatal and nonfatal, for sixteen-year-old drivers is almost ten times the rate as that of drivers aged thirty to fifty-nine, as calculated per mile driven. No one disputes the idea that raising the legal driving age will create issues and difficulties for many; however, these issues pale in comparison with the issue of safety. "The bottom line is that when we look at the research, raising the driving age saves lives," states Adrian Lund, president of the Insurance Institute for Highway Safety, a research group funded by the auto insurance industry. To date, New Jersey is the only state to raise the legal driving age to seventeen, and various studies have shown that the overall rate of teen fatalities linked to automobile accidents has been consistently lower compared to that of nearby states.

A student is researching evidence to support the claim below.

Some people believe that raising the legal driving age to eighteen in the United States would cause a wealth of problems for society, but the benefits of doing so far outweigh the potential inconveniences.

What kind of evidence does the passage include to support this claim? Check all that apply.

A. a firsthand account

B. a quote from an expert

C. facts and statistics

D. a personal feeling

E. relevant examples

<u>Correct Option:</u>

The kind of evidence passage include to support this claim is

B. A quote from an expert.

C. Facts and statistics.

E. Relevant examples.

<u>Explanation:</u>

This segment holds all three types of proof. First, it includes an expert quote, as it contains what the president of the Insurance Institute for Highway Safety, Adrian Lund, spoke about increasing the legal age.

Secondly, it also includes facts and figures, as it provides National Highway Safety Administration information. Lastly, it gives a valid example when it explains New Jersey's experience, which is the only state that has taken the legal driving age up to 17.

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3 years ago
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. Which statement describes a compound? bonded together through physical changes made up of two or more different elements compo
lord [1]

Answer: Chemical compound, any substance composed of identical molecules consisting of atoms of two or more chemical elements

Explanation:

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3 years ago
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