Materiality is important because if financial statements are materially misstated, users' decisions may be affected, and thereby cause financial loss to them. It is difficult to apply because there are often many different users of the financial statements is the correct statement for the difficulty of applying the materiality in practice.
Answer: Option C
<u>Explanation:</u>
Materiality is important but difficult to apply in practice because the user’s decisions may be hugely affected if the financial statements are misstated materially and this may cause a loss.
It is also very difficult in applying in practice due to having many different users of the financial statements. Making an assessment of the users is compulsory by the auditors and use the application of the materiality.
The correct answer to this open question is the following.
The intended consequences decision was the following.
I was very aware that if I committed myself to study and work hard, I had a real chance to overcome my bad situation in school, and I could change the wrong perception my teachers had about my behavior. I knew I had to show a totally different picture of me and my work, as the kind of attitude I show at the beginning of the semester.
The decision I made that had unintended consequences was when I decided to work last summer in a fitness club as a clerk, just to make a few extra dollars and not stay at home being lazy. The unindented consequence was that the company was in the marketing and promotion period and they thought that I could be part of the marketing and advertising campaign, participation in some of the promotional videos. Just by working there and being a dedicated employee, they invited me to do some advertising and I ended up earning some more money that I invested to pay school.
Answer:
In the first place, there are some particular interest groups that can influence lawmakers´decision-making. In the first place, particular lobbies - Wall Street corporations, big donors to campaign, foreign companies, unions - can put pressure on congressmen or congresswomen in order to get bills passed that serve their interests or give them an advantage, or they can court them through donations, promises of votes, etc. Secondly, Congress members put a lot of attention to public issues that are extremely sensitive to their voters and usually tilt toward the position of a majority. Thirdly, there are sometimes issues that are regarded as by party leaders as crucial and party loyalty is demanded or expected when voting in the floor takes place. And fourthly, sometimes ongoing or future events are so important that they determine outcomes; for example, very few Congress members - both Democrats and Republicans - voted against giving president George W. Bush powers to go to war in Iraq; many were afraid of being called "unpatriotic."
Explanation:
Communications in the late 1800s were restricted. The earliest postal systems were often run by a local citizen out of his house. Postal carriers traveled by horse and only carried documents.
Emulating unconscious biological functions is a function of the medulla.
