Answer:
The full sentence is:
The audit of inventories may help in the auditor determination of <u>COGS </u><u>(</u>cost of goods sold) 2. It is difficult to audit <u>DEPRECIATION</u> without the consideration of the property account. 3. Amortization relates to <u>INTANGIBLE</u> assets like depreciation relates to property and equipment. intangible 4. Auditors consider the <u>BAD DEBT</u> expense when determining the correct allowance for doubtful accounts. sales 5. Financial statements that <u>UNDERSTATE </u>the results almost never lead to legal action by financial statement users.
EXPLANATION:
Cost of goods sold, is the relationship between sales and expenses necessary to produce and store a particular good.
Depreciation is the mechanism by which the wear and loss of value that a good or asset undergoes due to the use made of it over time is recognized.
What cannot or should not be touched receives the qualification of intangible
Answer:
The correct option is D
Explanation:
LIBOR termed as London Interbank Offered Rate, which is the rate of interest at which the major banks globally lend to another bank in the international market for the loans which are short- term in nature.
LIBOR, serves or states as the accepted key interest rate globally , which states the cost of borrowing among the banks.
Therefore, LIBOR, is the term which is the interest rate charged by banks in London to lend money among themselves.
Answer: A. Controlling inflation
Explanation: It controls inflation to avoid a recession.
The population is the 10,900 respondents to the American Time Use Survey.
Explanation & Solution:
Statistics indicate that a large number of findings with similar features are related to in the population.
A sample is a subset from which it has been extracted.
"The American Time Usage survey for 2015 provides details about how many minutes of sleep every evening are assigned to each of 10,900 survey respondents.
An SRS of 100 participants (a plain random sample) has x = 514.4 minutes on average.
The size of the U.S. Time Utilization Survey is 10,900.