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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

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Which of the following studies is linked most directly to the establishment of the National Research Act in 1974 and ultimately
enyata [817]

Answer: <em>Option (A) is correct.</em>

Explanation:

National Research Act was signed came into existence in 1974 thereby creating a Commission for the Protection of Subjects of Medical and Behavioral Study. They recognized several basic principles in accordance with research and pondered upon ways through which these principles can be followed.

The Tuskegee Study of Untreated Syphilis in African-American Male is known to be one of the most egregious and immoral clinical study, which was conducted in 1932 and so on by the State Health Service. The so called aim of this research was to examine the state of untreated syphilis; the subject in this study were given false hope that they'll receive free health care from the federal government.

4 0
3 years ago
A mechanism for cultural change in which innovations and materials can spread relatively rapidly into adjacent regions is referr
MariettaO [177]

The answer is cultural diffusion.

The cultural diffusion is the spread of the beliefs and social activities of one culture to different ethnicities, religions, nationalities, etc. Cultural diffusion is the spreading out and merging of pieces from different cultures.

What is cultural diffusion?

  • Diffusion of culture is the spreading and blending of elements from other cultures. People love and take pleasure in the wide variety of foods, outfits, and even languages that are part of these various cultures.
  • Cultural diffusion is defined as the transfer of values and norms from one culture to others of a different ethnicity, religion, nationality, etc. The Americanization of the German Christmas pickle custom is an illustration of cultural diffusion.
  • Trade is a highly common factor in the spread of cultures. Cultures in close proximity to one another tend to interact more, which inevitably leads to a high pace of trade, ideas, and goods interchange.
  • The transfer of cultural values and social norms from one group of people to another is known as cultural diffusion. Cultural diffusion broadens perspectives and increases people's cultural diversity.

To learn more about cultural diffusion visit:brainly.com/question/2035730

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7 0
2 years ago
The clydeside industrial district in scotland, based in _____, once had shipbuilding among its major industries.
r-ruslan [8.4K]

based in Glasgow, Scotland

3 0
3 years ago
What are the types of countries accourding to development status​
lbvjy [14]

Answer:

A developing country (or a low and middle-income country (LMIC),

Explanation:

less developed country, less economically developed country (LEDC), medium-industrialized country or underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.

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2 years ago
In robert merton's strain theory of deviance, ___________ refers to the process of seeking conventional goals but rejecting the
Tems11 [23]
The answer is innovation. As indicated by Merton, there are five sorts of aberrance in view of these criteria: congruity, development, formality, retreatism, and resistance. Auxiliary functionalism contends that freak conduct plays a dynamic, useful part in the public eye by at last sticking distinctive populaces inside a general public.
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3 years ago
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