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Bogdan [553]
3 years ago
14

The enhancing qualitative characteristic of understandability means that information should be understood by: a. Those who are e

xperts in the interpretation of financial information. b. Those who have a reasonable understanding of business and economic activities. c. Financial analysts.
Business
1 answer:
olga2289 [7]3 years ago
3 0

Answer:

b. Those who have a reasonable understanding of business and economic activities

Explanation:

Financial statements by an entity should be prepared in such a way so as to enhance their understandability aspect and help in better comprehension and interpretation of financial information by the users.

The above objective can be met by providing detailed disclosures and appropriate notes to accounts as required by laws and statues i.e financial reporting framework.

Understandability refers to the fact that those individuals who have limited financial knowledge should be able to comprehend the presented information as intended and should be able to draw out reasonable conclusions from their understanding of the same.

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.If the economy is normal, Charleston Freight stock is expected to return 16.5 percent. If the economy falls into a recession, t
nevsk [136]

Answer:

variance 0.163849748

Explanation:

\sum \frac{(x- mean)^2}{n}

\left[\begin{array}{cccc}State&Return&Probability&Weight\\recession&0.2&-0.116&-0.0232\\fail&0.8&0.165&0.132\\Total&&0.049&0.1088\\\end{array}\right]

The mean average return will be 0.1088

(  (0.165 - 0.1088)² + (-0.116-0.1088)²   )  / 2  =

( 0,00315844 + 0,05053504‬ ) / 2 = 0,02684674‬

Now, we calcualate the root:

²√0,02684674‬ = 0.163849748

3 0
3 years ago
This chapter discusses many types of costs: opportunity cost, total cost, fixed cost, variable cost, average total cost, and mar
Murljashka [212]

Answer:

see below

Explanation:

a. What you give up for taking some action is called the <u>opportunity cost. </u>

b. <u>Average total cost</u> is falling when marginal cost is below it and rising when marginal cost is above it.

c. A cost that does not depend on the quantity produced is a <u>fixed cost.</u>

d. In the ice-cream industry in the short run <u>variable costs</u> includes the cost of cream and sugar but not the cost of the factory.

e. Profits equal total revenue minus  <u>total costs.</u>

f. The cost of producing an extra unit of output is the <u>marginanal cost.</u>

3 0
3 years ago
Pikachu means what ​
andrezito [222]

Answer:

Pikachu is a Pokémon

Explanation:

The origins are Japanese

pika is the sound of an electric shock

chu is the sound of a mouse (squeak)

4 0
3 years ago
Which of the following statements is correct about planning a successful conversion to Lean/Just-in-time operations. Multiple ch
Dvinal [7]

Answer:

Management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles.

Explanation:

A lean business is a business concept used by organizations to eliminate waste and maximize value for growth and development. The lean business concept include the following;

I. A total quality management (TQM): it is a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.

II. A continuous improvement (CI): it is a management technique that is focused on improving manufacturing processes, products and services through the elimination of redundancy and time-wasting activities in an organization.

III. Just-in-time (JIT): it is a management framework that is focused on cutting manufacturing costs and increase efficiency between suppliers and consumers through the use of a proper inventory system.

Additionally, lean production is a manufacturing methodology that is focused on integrating activities that are designed to provide massive quantity with high quality production using minimal resources, raw materials, finished products and work-in-process features.

This ultimately implies that, lean production is basically a supply management process aimed at elimination of waste as much as possible and it requires a mutual agreement between the management and employees, as well as proper training of the employees (workers) before implementing the conversion.

Hence, the statement which is correct about planning a successful conversion to Lean/Just-in-time operations is that both management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles.

6 0
3 years ago
You purchased one hundred shares of AT&amp;T stock. The company pays 20 cents per share to each shareholder (That's you!) at the
Alja [10]
C. Dividends.
A dividend is the money a company regularly pays its shareholders
5 0
4 years ago
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