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swat32
3 years ago
12

Professional skepticism related to detecting possible fraud involves the validation of information through probing questions. cr

itical assessment of evidence, and attention to inconsistencies.
Business
1 answer:
Gnom [1K]3 years ago
6 0

Answer:

True

Explanation:

Professional skepticism is an examining mindset which makes you conscious of the situations that may suggest possible error or scam as well as a critical evaluation of audit facts.

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Indicate how much money will be paid to the creditor associated with each debt.
riadik2000 [5.3K]
There is not enough information to have a significant answer
3 0
3 years ago
Suppose that there is asymmetric information in the market for used cars. Sellers know the quality of the car that they are​ sel
denis23 [38]

Answer:

A buyer would be willing to pay at most $24,000.

Explanation:

There is a 40% chance of getting low quality cars.

Value of high quality car is $30,000.

Value of low quality car is $15,000.

Price of car that buyer will be willing to pay

=40% of lower quality+60% of higher quality

=40% of $15,000+60% of $30,000

=0.4*15,000+0.6*30,000

=$6,000+$18,000

=$24,000

So, the buyers will be willing to pay a maximum value of $24,000.

8 0
2 years ago
Comparison of product features is part of the ____ phase of the decision-making process
slava [35]
The evaluating alternatives part of the decision-making process!
7 0
2 years ago
Why is it in our self-interest to economize or pick and choose goods and services that maximize our satisfaction? Because of our
Novosadov [1.4K]

Answer:

The correct answer is the first option: Because of our limited incomes conflicting with our insatiable wants for goods and services.

Explanation:

To begin with, in the microeconomics theory, the individuals agents that are the consumers are all the time trying to satisfy their needs due to the fact that there is an unlimited desire for goods and services that keep continue to grow all the time and that conflicts with the fact that most of the people have only few and limited resources to get the necessary income to obtain all of those goods and services. That is why that the consumers always look for the way to maximize their satisfaction according to the available income that they have with the purpose to spend it on those goods and services.

3 0
3 years ago
A distributor of personal computers has five locations in a city. In the year's first quarter, the sales in units were: Location
iragen [17]

Answer:

It is observed  that the value of test statistics (19.168) is greater than the critical value (13.277), thus the rejected hypothesis, H₀ at α = 0.01.

There is enough evidence to conclude or deduce that sales were the same for all locations

Explanation:

Solution

Given that:

Object: Test whether the sales were the same for all locations by applying 1% significance level.

The Null Hypothesis H₀ : Sales were the same for all locations

E₁ =  70 +75 +70+ 50 + 35/5 = 60

The Alternative Hypothesis Hₐ : Sales were not the same for all locations

Now,

The decision rule:

the Level of Significance be α = 0.01

Degrees of freedom is df= Number of categories -1

=5-1 = 4

Note: Kindly find an attached copy of part of  the work solution of this given question

3 0
3 years ago
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