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Pani-rosa [81]
2 years ago
10

XBRL assurance is generally expected to include all of the following except: Multiple Choice Assurance that the most current, st

andardized XBRL taxonomy is used. Assurance that the underlying financial and nonfinancial data that is used in XBRL tagging is reliable. Assurance that the XBRL tagging is accurate and complete. Assurance that reports include all relevant financial and nonfinancial information.
Business
1 answer:
babymother [125]2 years ago
4 0

Answer:

Assurance that reports include all relevant financial and nonfinancial information.

Explanation:

XBRL assurance can be regarded as opinions of auditor on a financial statement or other business report that is published in XBRL, this opinions of the auditors allows to know whether these published report or statement is

complete, relevant or accurate and fairly presented. An XBRL reportcan be regarded as "instance" and it is is an electronic file. It should be noted that XBRL assurance is generally expected to include all of the following

✓Assurance that the XBRL tagging is accurate and complete.

✓Assurance that the most current, standardized XBRL taxonomy is used.

✓Assurance that the underlying financial and nonfinancial data that is used in XBRL tagging is reliable.

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Here are incomplete financial statements for BLOSSOM, Inc. Calculate the missing amounts
Otrada [13]

Answer:

(A) net income: 20,000

(B) COGS = 55,000

(C) Common Stock = 30,000

Explanation:

(A) with the RE statemtn we sovle for RE

net income = ending RE - beginning RE + dividends

net income = 27,000 - 12,000 + 5,000 = 20,000

(B) With the net income we solve for COGS

COGS= revenues - net income - salaries and wages

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(C) now we solve for common stock

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3 years ago
What does monatary policy do
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Answer:

<em>Monetary policy</em> consists of management of money supply and interest rates, aimed at achieving macroeconomic objectives such as controlling inflation, consumption, growth, and liquidity.

6 0
3 years ago
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Change the state of matter is chemical change <br>True or false​
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Brooks Corporation can sell all the units it can produce of either Plain or Fancy but not both. Plain has a unit contribution ma
Rus_ich [418]

Answer:

D. Make Plain which creates $6 more profit per machine hour than Fancy does

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Brooks Corporation can sell all the units it can produce of either Plain or Fancy but not both. Plain has a unit contribution margin of $72 and takes two machine hours to make and Fancy has a unit contribution margin of $90 and takes three machine hours to make. There are 2,400 machine hours available to manufacture a product.

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