To be useful for decision making, information should possess the fundamental qualities of relevance and  <u>Faithful representation</u>.
<h3>What is  faithful representation?</h3>
 Faithful representation can be defined as the financial accounting concept that stated a company financial position which they present should be correct with what the company has as their financial statement.
It is paramount that a company a financial statement is accurate  to what they present in the financial statement  and  should not be compromise.
Therefore To be useful for decision making, information should possess the fundamental qualities of relevance and  <u>Faithful representation</u>.
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Answer:
Entry: 1. Dr bad debts expense  5500
                     Cr Allowance for uncollectible accounts  5500
Explanation:
1.Account receivable =  $44000
Allowance for uncollectible accounts(Dec,31 2021) = $1100
 44000* 15% = 6600 - 1100 = $5500 Allowance for uncollectible accounts
2.  Bad debts expense =  (44000* 15%) = 6600
3. Uncollecible accounts = (Open) Allowance for bad debts + Current year Allowance.
                          =  1100 + 6600 = $7700.
4. 44000 - 7700 = $36300 net account receiable 
 
        
             
        
        
        
When only those applicants who have previously worked in hotels and casinos will be considered eligible for the next step in the hiring process. This best exemplifies a "pre-employment screening process".
<h3>What is a pre-employment screening process?</h3>
Pre-employment screening has several names, including: Background investigations, background screening, and criminal investigations
Some characteristics of pre-employment screening process are-
- Pre-employment screening entails gathering all the data necessary to make a wise hiring decision. 
- This entails locating applicants who satisfy established job requirements and confirming the data they supply. 
- Pre-employment screening procedure includes reviewing applications and deciding whether to hire someone.
- Various components, such as job screening questions included in the employment application, may be part of the screening process. 
- Employing tests that are cognitive, behavioral, or skills-based, conduct pre-employment testing. including phone screenings, video interviews, and in-person meetings with candidates.
- Pre-employment investigations can differ depending on the applicant, the position, etc. However, it typically takes three to four weeks.
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D) A portfolio with a high percentage of stocks, the higher the percentage rate the higher the risk is to lose money 
        
             
        
        
        
Answer:
$4.24287 million per year
Explanation:
Missing question:  The swap will call for the exchange of 1 million euros for a given number of dollars in each year.
For structured three separate forward contracts of the exchange of currencies, the forward price could be found as follows
Forward exchange rate * $1 million error = Dollar to be received
Year 1 = 1.50*(1.04/1.03) * 1 million euros 
Year 1 =  1.514563106796117 * 1 million euros 
Year 1 =    $1.5145 million 
Year 2 = 1.50*(1.04/1.03)^2 * 1 million euros 
Year 2 = 1.529267602978604 * 1 million euros
Year 2 = $1.5293 million 
Year 3 = 1.50*(1.04/1.03)^3 * 1 million euros
Year 3 = $1.5441 million
The number of dollars each year is determined by computing the present value:
= 1.5145 / 1.04 + 1.5293 /(1.04)^2 +1.5441 / (1.04)^3
= 1.45625 + 1.41392 + 1.3727
= $4.24287 million per year