The impact of financial accounting information on investors' and creditors' decisions is closely related to the concept of materiality. In auditing and accounting, the term "materiality" refers to the importance or "significance" of a sum, a transaction, or a discrepancy.
According to the general accepted accounting principles (GAAP) criterion known as "materiality," all items that are conceivably likely to have an influence on investors' decision-making must be documented or disclosed in full in a company's financial statements. The significance of information in financial accounts of a corporation is referred to as materiality. A transaction or business decision is "material" to the business if it necessitates reporting to investors or other users of the financial statements and cannot be excluded.
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Answer:
B
Explanation:
Think of the football cleats on the field. They have better grip which is why they don't slip as often as someone on a basketball court would.
Answer and Explanation:
The correct way for putting this on expiration paper is as follows
Expiration date: 1/17/2017
Exp time: 4:00 AM
Preparation date: 12/3/2016
Preparation time: 4:00 AM
The above represents the correct way i.e to be putted on an expiration paper
Therefore we applied the given information to arrive at an answer
Solution:
Activity Units Units cost Cost of Goods Available
Beginning Inventory 11 $65.00 $715
1st week purchase 11 $66.00 $726
2nd week purchase 11 $67.00 $737
3rd week purchase 11 $70.00 $770
4th week purchase 11 $75.00 $825
Units available for sale 55
Cost of goods available for sale $3,773
Transfer cash from savings to checking because monthly expenses should always be made with cash.
The most critical principle for using credit cards is to continually pay your invoice on time and complete it.
Following this easy rule assist you to keep away from interest charges, past due prices, and bad credit score scores.
By means of paying your invoice completely, you will avoid interest and construct towards an excessive credit score score.
In step with our recent survey, 3 out of four consumers within the usa choose credit cards based totally on the attraction of interest fees, non-public records and fraud safety and rewards offers.
Learn more about savings here: brainly.com/question/15279000
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