The amount of his monthly net cash flow is the best example of qualitative information
The choice usefulness, decision model approach to accounting theory plays a significant supportive role in the utilization of qualitative traits or qualities required for information. The attributes that make the data supplied in financial statements valuable to users are referred to as qualitative qualities.
Fundamental qualitative traits that are desired in accounting information are produced by the demand for accounting information from investors, lenders, creditors, etc. Accounting information has six distinct qualitative traits.
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It is a because if you think about it, you would budget for your future.
Answer:
the probability that exactly 8 complete the program is 0.001025
Explanation:
given information:
60 % of those sent complete the program, p = 0.6
the total of people being sent, n = 27
exactly 8 complete the program, x = 8
to find the probability, we can use the following formula
![P(X=x)=\left[\begin{array}{ccc}n\\x\\\end{array}\right] p^{x} (1-p)^{n-x}](https://tex.z-dn.net/?f=P%28X%3Dx%29%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7Dn%5C%5Cx%5C%5C%5Cend%7Barray%7D%5Cright%5D%20p%5E%7Bx%7D%20%281-p%29%5E%7Bn-x%7D)
![P(X=8)=\left[\begin{array}{ccc}27\\8\\\end{array}\right] 0.6^{8} (1-0.6)^{27-8}](https://tex.z-dn.net/?f=P%28X%3D8%29%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D27%5C%5C8%5C%5C%5Cend%7Barray%7D%5Cright%5D%200.6%5E%7B8%7D%20%281-0.6%29%5E%7B27-8%7D)
![P(X=8)=\left[\begin{array}{ccc}27\\8\\\end{array}\right] 0.6^{8} (0.4)^{19}](https://tex.z-dn.net/?f=P%28X%3D8%29%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D27%5C%5C8%5C%5C%5Cend%7Barray%7D%5Cright%5D%200.6%5E%7B8%7D%20%280.4%29%5E%7B19%7D)
= 0.001025
Answer and explanation:
It is true that the corporation issue only private stocks but their shares do not trade on public exchanges and are not issued through an initial public offering.
Hope this help you :3
