2 years ago

The conservatism constraint prescribes that:

1 answer:

5 0

The conservatism constraint prescribes that when multiple estimates of amounts to be received or paid in the future are equally likely, then the least optimistic amount should be used.

When in doubt, follow the conservatism constrain process which wants sure information is reported that does not overstate income or assets.

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Joshua needed money for some unexpected expenses, so he borrowed $5,355.26 from a friend and agreed to repay the loan in seven e

konstantin123 [22]

Answer:

10%

25.14 years

Explanation:

A financial calculator can be used to solve these problems

PMT = $-1,100

PV = $5,355.26

FV = 0

N = 7

Compute I = 10%

PMT = $-25,000

FV = $1,387,311

I = 6%

PV = 0

Compute N = 25.14 years

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3 years ago

Which term refers to the target toward which the open management system is directed?

ipn [44]

The correct answer is organizational objectives

Organizational objectives are the targets toward which the open management system is directed. 
Organizational objectives are derived from the organization’s Mission and Vision. An organization that is
accomplishing its objectives, is also simultaneously accomplishing its purpose and thereby justifying its reason for existence(mission)

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3 years ago

In gathering audit evidence, the accessibility of information may be a factor thereby influencing which judgment trigger

bazaltina [42]

The answer is availability

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2 years ago

You have $7,800 to deposit. Regency Bank offers 6 percent per year compounded monthly (.5 percent per month), while King Bank of

hammer [34]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

PV= $7,800

Regency Bank:

i= 0.5 percent per month

n= 19*12= 228

King Bank:

i= 6 percent annually

n=19

To calculate the final value of each bank we need to use the following formula:

FV= PV*(1+i)^n

Regency bank:

FV= 7,800*(1+0.005)^228= $24,319.61

King bank:

FV= 7,800*(1.06)^19= $23,599.68

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3 years ago

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Answer:

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Explanation:

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2 years ago