a qualitative materiality is an amount set by the auditor that is less than planning the materiality and is used to make decisions about the extent of audit proedures for a particular class of transaction
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A performance materiality is a qualitative materiality is an amount set by the auditor that is less than planning the materiality and is used to make decisions about the extent of audit procedures for a particular class of transaction.
What is performance materiality?In the context of trading and investments, a security's price movement over a certain time frame is deemed to have moved by a significant amount if it confirms or deviates from a trader's initial assessment of the security's performance.
Any number or statistic that is important enough to mention, such as in account balances, financial statements, shareholder reports, or conference calls, is referred to as a material amount. Mentioning something that is not a material amount is regarded as minor or inconsequential.
The material amount is the minimum amount that must change in a security to confirm or deny a market perception or trading hypothesis.
Predicting the material amount for a specific strategy can be essential for a trading system to be successful.
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Related Questions
If $356,000 of 9% bonds are issued at 95, what is the amount of cash received from the sale? Select the correct answer. $323,960 $388,040 $338,200 $356,000
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Answer:
Explanation:
The amount of cash received from the sale of bonds can be calculated by multiplying the number of bonds issued by the issue price. In this case, $356,000 of bonds are issued at 95, which means the issue price is 95% of the face value.
Number of bonds issued = $356,000 / $1,000 (face value) = 356
Issue price = 95% of $1,000 = $950
Cash received = Number of bonds issued * Issue price = 356 * $950 = $338,200
Therefore, the correct answer is $338,200.
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Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security
Answers
A. It hopes to reduce the amount of money available for lending.
Explanation:
Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.
If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.
Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.
The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.
Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the security reach a stage of maturity.The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.Therefore, this process are put in place to balance the economy.
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What can be said about the culture of services?
I. Processes are invisible
II. Processes are well defined
III. More scientific
IV. Not well defined or documented
A. I, II, and III only
B. I, II, and IV only
C. II, III, and IV only
D. All of the above
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In the service culture, processes are invisible and procedures are not well defined or documented. This culture is focused on customer service, to provide the best experience.
Therefore, processes are invisible, that is, the customer is not able to identify internal processes if they are not useful, but they must perceive the service as a mystery where all their needs are promptly met.
In the service culture, this is also not well defined or documented, so as not to create standardization of the service, but a personalized service that meets the needs of each customer individually.
Therefore, in the service culture, the focus is on offering the best experience for the customer, through the creation of value, excellent service and employees capable of satisfying their needs.
The service culture is capable of generating greater competitiveness, customer loyalty and positioning for a company.
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YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in Direct Subsidized loans and another $19,000 in Direct Unsubsidized loans. She is trying to save up an emergency fund of at least 6 months’ take-home pay, so she’s torn about how much she should devote to her student loans and how much to the emergency fund every month.
- Which plan has the highest total amount paid? How long is the repayment period for this plan?
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a) The plan with the highest total amount paid is the Direct Unsubsidized Loan of $19,000 because, in addition to the interest, the principal amount is higher than the Direct Subsidized Loan.
b) The repayment period for the Direct Unsubsidized Loan is 10 years after graduation if the Standard Repayment Plan is chosen.
What are unsubsidized and subsidized loans?Subsidized Loans are student loans subsidized by the Federal Government, especially with respect to the interest payment.
Subsidized Loans do not accrue interest during school at least half-time or during deferment periods. They are available for undergraduate and graduate students in financial need.
Unsubsidized Loans are federal student loans for both undergraduate and graduate students that are not based on financial need. They accumulate interest during school if the student does not elect to make monthly interest payments.
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Your Assignment, Part I
Imagine you have decided to start a business. This is your opportunity to select a
business endeavor that interests you and engage in the marketing process. Choose
wisely because you will work on building this business not only in this project, but
also in the projects for Units 3 and 4. You should answer all questions in a separate
document that you will hand in to your teacher.
First, think about the type of business you want to create. Will this business offer
mainly goods, services, or a combination of both? Here is a list of ideas to get you
started:
• Restaurant or catering company
• Company that sells specialty goods, such as sporting goods or electronic
devices
• Service-oriented company, such as dog-walking, web design, or tutoring
1. List the type of business you will have.
Answers
20
Explanation:
I took the text to day its 20
Which document determines the number of shares in a company? a stock prospectus an annual bill of rights a corporate charter an annual report
Answers
Answer: Corporate charter
Explanation:
The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.
When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.
Answer:
The answer is (c) coporate charter
Explanation:
Lucy wants to attach a goal cost
Answers
Answer:
What is the rest of your question
Explanation:
A seller put her house and lot on the market for $200,000. After receiving several offers within $5,000 of her asking price, the seller entered into a contract to sell the house and lot to a buyer for $200,000. The contract provided that the buyer put up $4,000 in earnest money, which the seller could treat as liquidated damages unless: The seller fails to tender marketable title to the buyer by the agreed-upon closing date, the seller commits a material breach of this contract, or the buyer dies prior to the closing date, in which case the earnest money shall be reimbursed to the buyer's estate. The contract was signed on July 24, and the closing date was set for September 12. On August 5, the buyer was seriously injured in an accident. On September 10, the buyer was released from the hospital in a wheelchair. He determined that a ranch-style house would make his life much more bearable, but the seller's home was two stories. The buyer asked the seller to cancel the contract and to refund the $4,000 earnest money. The seller refused. The buyer did not appear on the closing date. On September 16, the seller contracted to sell the home to a purchaser for $198,000. The closing occurred as planned on October 20. The buyer files suit against the seller, praying for a refund of the $4,000 earnest money. How much is the buyer likely to recover
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Answer:
$0
Explanation:
Both the buyer and seller agreed upon the amount that would be deposited as earnest money and what would happen to it in case the sale wasn't closed. The amount is not unreasonably large compared to the purchase price (2% only) and that represents a fair amount for the damages suffered by the seller. The seller is not responsible for the things that happened to the buyer.
DeBeers is an example of a government monopoly. True or False?
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Answer:
I believe this is false.
N the knowledge economy, if a large portion of company value is in intellectual and human assets, the difference between the market value and book value of the company should ________ a company with mostly physical and financial assets.
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It will be expected that the difference between a company's market value and book value should be larger than a company with mostly physical and financial assets if the large portion of company value is in intellectual and human assets.
What is an intellectual/human assets?These are asset possessed by a firm that ranges from human capital, information capital, brand awareness, instructional capital etc.
These are assets that can be improved when a firm hires better employees, conduct training programs, develops new patents etc
In conclusion, since the large portion of company value is in intellectual and human assets, then, the market/book value would be larger than a company with mostly physical/financial assets.
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The cost function C=q(V1/2 +w1/2)^2 arises from:
a. a Cobb-Douglas production function
b. a CES production function.
c. a fixed proportions production function
d. a translog production function.
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The cost function C=\(q(V1/2 +w1/2)^2\) arises from a CES (Constant Elasticity of Substitution) production function.
The CES production function assumes that the inputs of production are substitutes or complements in production. The elasticity of substitution between the two inputs remains constant, allowing for a constant degree of substitution between the two inputs. The cost function in this case is derived by using the mathematical properties of the CES production function.
The cost function shows the minimum cost of producing a certain level of output, given the prices of the inputs. In this case, the inputs are capital (V) and labor (w).
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What is a sales quote?
Answers
Answer:
Explanation:
A sales quote allows a prospective buyer to see the costs that will be involved for desired work.
On April 1, Moloney Musical Instruments sold merchandise on account to Fronke's Flutes for $7,000 on Invoice 1001, terms 2/10, n/30. Payment was received in full from Fronke's Flutes, less discount, on April 10.
Answers
Answer:
The question is "Record the transactions on April 1 and April 10. View transaction list Journal entry worksheet Record the sale on April 1."
Date Account Title and Explanation Debit Credit
April 1 Account receivables $7,000
Sales revenue $7,000
April 10. Cash ($7,000*98%) $6,860
Sales discount ($7,000*2%) $140
Account receivables $7,000
Imagine you’re working on a client’s launch pad website. Three weeks from the proposed launch date, the client comes to you with an idea for a new section of the website they would like to implement for the initial launch. How should the strategist respond to the client’s new idea?
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Answer:
Ask a series of questions to better understand the new idea; then, strongly recommend that all new ideas be considered and built after the initial launch pad goes live.
Talk to your team about the effort required to implement the client’s new idea. Then slide the launch date back the required five days to implement the new idea.
They should wait to mention any new ideas until after the first six months because the launch pad and first six months of the continuous improvement cycles are already planned out.
Explanation:
explain the difference between centralised and decentralised organisational structure
Answers
Hope it helps
Which cable news network produces the most straight reporting?
A. MSNBC
B. ESPN
C. CNN
D. FOX
Answers
Answer:
C.
Have a good morning✨
Answer:
A
Explanation:
What do borrowers use to secure a mortgage loan?
A. Credit Card
B. Down Payment
C. House
D. Land
E. Vehicle
I’m not sure if the answer is A and B, or if C is included too.
Answers
Answer:
A. and B.
Explanation:
mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.
Answer:
C,D,and E
Explanation:
For a mortgage to be secure it needs to be backed up by a valuable asset such as your car your house or land.
when choosing packaging materials for eo sterilization, what is required in at least one of the materials of the packaging system?
Answers
When choosing packaging materials for EO (ethylene oxide) sterilization, it is required that at least one of the materials in the packaging system is breathable.
This means that the material should allow for the passage of the EO gas in order to ensure proper sterilization of the contents inside the package. It is also important to choose materials that are compatible with EO sterilization and will not be damaged or degraded by the process. Common materials used in EO sterilization packaging include Tyvek, medical-grade paper, and certain types of plastic film. In summary, when choosing packaging materials for EO sterilization, it is important to select materials that are breathable and compatible with the sterilization process.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Find a company and show how does its cash flow from operating activities is different from Net income (focus on the 3 important reasons and provide elaborations)
Spamming will not be tolerated, pls include the company in the elaboration.
Answers
To demonstrate how cash flow from operating activities can differ from net income, let's use Apple Inc.
Net income includes non-cash expenses, which contributes to the difference between cash flow from operational activities and net income. Depreciation and amortization are removed from net income but do not require a cash outlay. Long-term asset depreciation and amortization are included in Apple's net income. Since they're non-cash, these expenses don't affect operating cash flow. Changes in working capital are another important element. Current assets and liabilities like accounts receivable, inventory, and accounts payable affect cash flow from operating activities. Apple's net income includes revenue recognition from credit sales, which raises accounts receivable. Apple's cash flow from operating activities may drop if customers' payments are late, even while net income is recognized. Non-operating items: Net income includes non-operating items like interest income, interest expense, and gains or losses from the sale of investments or assets, while cash flow from operating activities concentrates on cash earned from the business's primary operations. Non-operating items are included in net income but do not directly affect the company's cash flow.
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How can choosing the right institution help you manage money effectively?
Answers
Answer:
You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.
Explanation:
total amount of new funds the business generates from operations; broadest measure of profits for a firm, includes both net income and non-cash charges
Answers
New funds are included in both net income and non cash charges
What is the relationship between grades and GPAS? (5 points)
O Earning all A's lowers your GPA.
The lower your grades, the higher your GPA.
O The higher your grades, the higher your GPA.
The higher your grades, the lower your GPA.
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Suppose market demand and supply are characterized by the following equations:
p = 10 - 0.4 Qd
p = 2 + 0.4 Qs
When the market clears, what is the economic surplus? (Round your answer to one decimal place.)
Answers
The economic surplus is equal to the sum of the consumer and producer surpluses: is 27.2. Economic surplus is the difference between the value that a consumer places on a good, which is equal to their willingness to pay (WTP), and the cost of producing it
Thus, economic surplus represents the net benefit that consumers derive from purchasing a good or service over and above what it costs producers to supply it. When market demand and supply are characterized by the following equations: p = 10 - 0.4 Qd p = 2 + 0.4 Qs When the market clears, we have:Qs = Qd2 + 0.4 Qs = 10 - 0.4 QdSolving these equations gives us Q* = 8 and p* = 6.4.
Therefore, the equilibrium price is 6.4 and the equilibrium quantity is 8. At this point, the economic surplus is maximized, and the total surplus is equal to the sum of consumer and producer surplus. To calculate the economic surplus, we need to calculate the consumer and producer surpluses individually.
Consumer Surplus: The consumer surplus can be determined by calculating the difference between the willingness to pay (WTP) and the market price (p*). The WTP can be calculated by rearranging the demand equation as follows:Qd = 25 - 2.5pSubstituting the equilibrium price (p*) into this equation gives us:Qd* = 25 - 2.5(6.4)Qd* = 8
The consumer surplus can now be calculated as the area below the demand curve and above the market price. This can be represented graphically as follows:CS = 0.5 * (10 - 6.4) * 8CS = 14.4 Producer Surplus: The producer surplus can be determined by calculating the difference between the market price (p*) and the marginal cost (MC) of production. The MC can be determined by calculating the derivative of the supply equation as follows:MC = 0.4 '
Substituting the equilibrium quantity (Q*) into this equation gives us:MC* = 0.4(8)MC* = 3.2The producer surplus can now be calculated as the area above the supply curve and below the market price. This can be represented graphically as follows:PS = 0.5 * (6.4 - 3.2) * 8PS = 12.8The economic surplus is equal to the sum of the consumer and producer surpluses:ES = CS + PSES = 14.4 + 12.8ES = 27.2
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What are three ways to make money through investing in real estate?
Answers
Answer:
There are three primary ways investors could potentially make money from real estate: An increase in property value. Rental income collected by leasing out the property to tenants.
Answer: By a sudden positive change in the economy, by renting out residences or land to customers, or by being smart about when and how the properties are put up for sale or rent
Explanation:
Donald is a business development executive in a big retail company based in Omaha. His company now wants to expand and has sent Donald as their representative. Donald is also authorized to deal and negotiate with different vendors directly and in his own capacity. What role is Donaldplaying as per the contract law?
Answers
Answer:
C. Agent
Explanation:
Agent Law- the agent deals with third parties on behalf of the company in a contract and the company defines the control an agent can exert
Selling an asset for cash will leave the total value of assets unchanged. True or false?
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Businesses are expected to demonstrate ethical behavior _____.
Answers
Businesses are expected to demonstrate ethical behavior B. even when government regulations do not apply.
Unethical conduct can be defined as movements that might be against social norms or acts which are taken into consideration as unacceptable to the general public. Ethical behavior is the exact opposite of unethical behavior. Moral conduct follows the general public of social norms and such movements are ideal for the general public.
Ethical behavior is simpler for a man or woman than it is for an organization. Businesses have many individuals with differing reviews, values, and ideals. So, the process is to make certain an enterprise is ethical. The solution is—anyone.
Enterprise ethics enhances the law with the aid of outlining suited behaviors beyond government management. Corporations set up business ethics to sell integrity among their personnel and gain consideration from key stakeholders, consisting of buyers and purchasers.
Disclaimer: The question is incomplete. Please read below to find the missing content.
Question: Businesses are expected to demonstrate ethical behavior _____.
A. only when required by government regulation
B. even when government regulations do not apply
C. only when required by a contract
D. except when it conflicts with corporate culture
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true or false? a market-share pricing objective is often used when a firm needs to reach an economy-of-scale point.
Answers
A market-share pricing objective is often used when a firm needs to reach an economy-of-scale point.
The above statement is true
What do you mean by market-share pricing objective?
Sales-oriented pricing goals try to increase sales or market share. A volume growth is assessed in relation to a company's own sales across particular time frames. A company's market share compares its revenues to those of other businesses in the same sector.For every business, the goal of pricing is to establish a price that is fair to both consumers and the producer in order for both to thrive in the market.The goal of a marketing plan is to have a clear path to follow in order to acquire new clients, improve connections with existing clients and consumers, boost sales, increase retention, and raise brand awareness.To know more about Economy here
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Kellen International has a goal to lower the cost of employee benefits. Its human resource department compares the costs of its benefits with averages published by the Bureau of Labor Statistics, the U.S. Chamber of Commerce, and other sources. The investigation shows that its cost for workers' compensation insurance is high relative to other companies. Which action could best help Kellen International accomplish its goal
Answers
Kellen International could best help itself by implementing safety policies and procedures that could reduce workplace accidents and thereby reduce the high cost of workers' compensation insurance.
One of the best actions that could help Kellen International accomplish its goal to lower the cost of employee benefits, in this case, the high cost of workers' compensation insurance, is to implement safety policies and procedures that could reduce workplace accidents. This would, in turn, lead to fewer injury claims and a lower rate of workers' compensation insurance.
The human resource department could partner with the management team and employees to identify and address any safety risks or hazards that could contribute to accidents and injuries in the workplace. They could provide training programs to educate employees on safe work practices and the proper use of equipment and machinery.Additionally, they could establish a safety committee to monitor and evaluate the effectiveness of the safety program and make recommendations for improvements. By reducing workplace accidents and injuries, Kellen International could save money on workers' compensation insurance, thereby helping the organization accomplish its goal of lowering the cost of employee benefits.
In summary, This action would align with the organization's goal of lowering the cost of employee benefits, and it would help to create a safer and healthier work environment for all employees.
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