This is false. Saving files to provide an audit trail and review any remediations is not at all critical.
<h3>What is the audit trail?</h3>
This is the term that is used to refer to the record of changes that have occurred in a given database.
The audit trail is used to show the sequence of activities that have taken place that may have an effect in the database.
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Answer:
Increase
Increase
Explanation:
When wealth increases, the disposable income of individuals increases and individuals are more willing and able to invest in stocks and long term bonds.
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Answer:
The correct answer is letter "C": objective value.
Explanation:
Subjective values are those provided by individuals based on their <em>beliefs, perceptions, ideas, feelings, </em>and <em>reflections</em>. Subjective values are biased. Objective values, on the other hand, are based on <em>facts, statistics, evidence, </em>and <em>observations</em>. Objective values are unbiased.
Answer:
This lease is regarded and classified as Capital lease.
Explanation:
This lease is regarded and classified as Capital lease.
Here, Callaway Golf Co. is the body financing the leased asset but the right ownership is with Photon Company.
Now; the present value of future payment is calculated as:
Present value of future payment =[PVA 6%,5 × Annual payment ]+[PVF 6%,5 × Residual value]
=[4.46511 × 31000] +[0.74726 × 15500]
= 138418.27+ 11582.53
= 150000
However the present value of minimum lease payment is equal or more than 90% fair market value ,as such we therefore conclude that this lease is a capital lease.