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The price of elasticity of the product maybe considered inelastic since there is little to no responsiveness to the change in price of the product. A factor or reason can be that it is a necessity so persons still have to buy the product no matter the change in price.
Answer:
The correct answer is True.
Explanation:
In the context of the audit of financial statements, fraud consists of recording intentional errors in the financial statements. The two main fraud categories are: fraudulent financial reports and asset misappropriation.
Fraudulent financial reports are characterized by containing errors or intentional omissions in the amounts with the intention of deceiving users. Most cases of fraudulent financial reports overestimate assets and income or omit financial liabilities and expenses to show higher income.
Answer:
pantheon collosium, and roman mythology
Explanation:
Answer:
Balance with Fed on last day to be $ 800
Explanation:
Computation of balance on last day of maintenance period
Balance maintained $ 450 for 2 days $ 900
$ 700 for 3 days $ 2,100
$ 650 for 2 days $ 1,300
$ 450 for 3 days $ 1,350
$ 650 for 3 days <u>$ 1.950</u>
Average of balances maintained
13 days $ 7,600
Average balance maintenance required for 13 + last day)
$ 600 * (13 + 1) 14 days $ 8,400
so the balance with the Fed on the last day has to be
$ 8,400 - $ 7,600 $ 800
