Make a list of the attributes or desirable features (such as the rel.pdf

•

0 likes•2 views

Make a list of the attributes or desirable features (such as the relevance, for example) that must have financial information to make it useful. Explain each of them. Solution The different attributes that are required for Financial Information are 1. Relevance: Financial information is considered relevant when it adds value to the decision making process by providing the required pieces of information. Through relevant information users can evaluate whether they are moving along the right path or not. Subsequently relevant information can lead the the preparation of right financial statements. 2. Understandability: The financial information should be understandable to the users. If t=the information provided is not understandable, than the purpose of preparation would be non existent. 3. Reliability: Information is reliable when it is dependable and this is possible if it is: Information must be reliable as well as relevant in order to be useful for decision making. Else it would be of no use. 4. Comparability: Comparability of information means the ability to stand useful overtime. Users cannot evaluate different aspects of entity’s financial position and financial performance if they are unable to compare the financial information of one period with another or financial information of one entity with another entity’s financial information. Thus comparability ois an essence..

Education

Similar to Make a list of the attributes or desirable features (such as the rel.pdf

CHAPTER 19- Sections 1,3,45&6.pptx

MartMantilla1

Fundamentals of contact center reporting

Spectrum

I. CFAS.docx

LouveliaJaneBudias

constraints on relevant and reliable information

vincent konadu

I. CFAS.pdf

LouveliaJaneBudias

conceptual-framework-project-summary.pdf

RuhulQuddus23

CFFR Summary.pdf

ajimaulana33

Ratio Analysis

National Tutorial

QUALITATIVE CHARACTERISTICS OF FINANCIAL STATEMENTS & CONSTRAINTS ON RELEVANT...

Waqar Ahmed

INTRDUCTION TO MA.docx

KillionAmollo1

Mis notes unit 3-BBA/BCA

Nikita Sharma

This is a sample from "Solution Manual Auditing & Assurance Services 9th Edition by Timothy Louwers & Penelope Bagley". About the main textbook: “Auditing & Assurance Services” authored by Timothy Louwers and Penelope Bagley is a comprehensive textbook focusing on the principles and practices of auditing and assurance services. Here’s an overview of what you might expect from this book: Fundamentals of Auditing: The book likely begins with an introduction to auditing, covering its purpose, objectives, and the role of auditors in providing assurance to stakeholders. It may also discuss the legal and ethical responsibilities of auditors. Auditing Standards and Regulations: This section typically covers the auditing standards and regulations that auditors must adhere to. This includes internationally recognized auditing standards such as those issued by the International Auditing and Assurance Standards Board (IAASB) as well as jurisdiction-specific regulations. Audit Planning and Risk Assessment: Auditing involves assessing the risks associated with the client’s business and designing audit procedures to address those risks. This section likely discusses the process of audit planning, risk assessment methodologies, and the development of an audit strategy. Internal Control Evaluation: Understanding and evaluating the client’s internal control environment is crucial for auditors. The book may cover the concepts of internal control, the components of internal control systems, and the auditor’s responsibilities regarding internal control assessment. Audit Evidence and Documentation: Auditors gather evidence to support their conclusions about the client’s financial statements. This section likely covers the types of audit evidence, methods of gathering evidence, and the importance of proper documentation of audit procedures and findings. Audit Sampling: Auditors often use sampling techniques to select items for testing when conducting audits. The book may discuss different sampling methods, sample size determination, and the evaluation of sample results. Audit Procedures and Techniques: This section likely provides detailed coverage of various audit procedures and techniques used to gather evidence and assess the client’s financial statements. Topics may include substantive testing, analytical procedures, and tests of controls. Audit Reporting and Communication: Auditors communicate their findings and opinions through audit reports. The book may discuss the content and format of audit reports, as well as the different types of audit opinions that auditors may issue based on their findings. Special Topics in Auditing: Depending on the edition, the book may also cover special topics such as audits of specific industries, audit considerations related to information tec

Solution Manual Auditing & Assurance Services 9th Edition by Timothy Louwers ...

bussinessw959

UNIT - III: FINANCIAL ANALYSIS: Analysis and Interpretation of Financial statements from investor and company point of view- Horizontal Analysis and Vertical Analysis of Company Financial Statements – Ratios (Conversion of ratios) - Liquidity – Leverage - Solvency and Profitability ratios -Statement of Changes in Working Capital - Funds from Operations Funds Flow & Cash Flow statements - Pre packaged Accounting software - Extensive Business Reports Language (XBRL).

Accounting For Management Unit 3

Amit Sarkar

IFRS for SMEs Standard

Sazzad Hossain, ITP, MBA, CSCA™

SFAC

ruthmagdalena1358

IFRS® Conceptual FrameworkProject SummaryMarch 2018C.docx

sheronlewthwaite

Ratio analysis

N A M COLLEGE KALLIKKANDY

Accounting conventions ppt @ mba finance

Babasab Patil

financial statement.pptx

Gopika925427

financial statement.pptx

Gopika925427

Similar to Make a list of the attributes or desirable features (such as the rel.pdf (20)

CHAPTER 19- Sections 1,3,45&6.pptx

Fundamentals of contact center reporting

I. CFAS.docx

constraints on relevant and reliable information

I. CFAS.pdf

conceptual-framework-project-summary.pdf

CFFR Summary.pdf

Ratio Analysis

QUALITATIVE CHARACTERISTICS OF FINANCIAL STATEMENTS & CONSTRAINTS ON RELEVANT...

INTRDUCTION TO MA.docx

Mis notes unit 3-BBA/BCA

Solution Manual Auditing & Assurance Services 9th Edition by Timothy Louwers ...

Accounting For Management Unit 3

IFRS for SMEs Standard

SFAC

IFRS® Conceptual FrameworkProject SummaryMarch 2018C.docx

Ratio analysis

Accounting conventions ppt @ mba finance

financial statement.pptx

More from RITU1ARORA

Cardiac muscle, connective tissue, an endothelial cells all collecting together to Tissue level form the human heart Cellular level The tibia, which is made of connective tissue and nervous tissue organ level A thin layer of cells that collectively form the lining of the lungs to allow for the diffusion of gases cellular level: Golgi apparatus, mitochondria, and other organelles compartmentalized into a single structure by phospholipids, forming a single functional unit Chemical level Carbon, hydrogen, and phosphate coming together to form the phospholipids of a cellular membrane Solution Cardiac Muscle, Connective tissue and endothelial cells all collecting to form the human heart - this will be at the organ level as the heart is a organ for blood circulation and have the very important cardiac muscle as tissue, Connective tissue as tissue and endothelial cells as cells all forming together to the organ level heart. Tibia made up of connective tissue and nervous tissue : tibia is the bone of the leg and contains the connective tissue and nervous tissue and it is also at the organ level. Bone is a organ with all tissues and various cells connective by blood vessels and neurons. A thin layer of cells forming the lining of the lungs to allow the diffusion of gases. : The thin lining of cells is called endothelial cells and its a cellular level.

Cardiac muscle, connective tissue, an endothelial cells all collectin.pdf

RITU1ARORA

DOL Co. had the following account balances as of December 1, 2015: Inventory $720,000 Land 600,000 Building—net (valued at $1,200,000) 1,080,000 Common stock ($10 par value) 960,000 Retained earnings, December 1, 2010 1,320,000 Revenues 720,000 Expenses 600,000 Miller Inc. transferred $1.7 million in cash and 12,000 shares of its newly issued $30 par value common stock (valued at $90 per share) to acquire all of DOL’s outstanding common stock. Assume that Miller paid cash of $2.8 million. No stock is issued. An additional $50,000 is paid in direct combination costs. For Goodwill, determine what balance would be included in a December 1, 2015 consolidation? Solution Total fair value of assets acquired =total assets + revaluation increase 2,400,000 + 120,000 = 2,520,000 Total consideration paid = 1,700,000 + 12000 shares X 90 per share 1,700,000 + 1,080,000 = $ 2,780,000 Goodwill = 2,780,000 - 2,520,000 = $ 260,000 If all cash given and extra cash for covering cost than consideration = 2,800,000 + 50,000 = $ 2,850,000 Total fair value of assets = $ 2,520,000 Goodwill = $ 3,30,000..

DOL Co. had the following account balances as of December 1, 2015.pdf

RITU1ARORA

Describe and contrast allopatric speciation and sympatric speciation. Which is more common? How do they typically take place? Outline the steps/process of each. Give a least one example of each. Solution 5). Allopatric speciation or geographic speciation is speciation that occurs while biological populations of the same species become vicariant. For instance, adaptive radiation, as observed by Charles Darwin in Galapagos finches, is a consequence of allopatric speciation in the midst of island populations. The mechanism of adaptive radiation is known as allopatric speciation, in which one species in particular population differs from all other species (isolated species) and genetic exchange is also prevented among these species. Physical barriers such as a mountain range or long waterways may makes impossible for them to mate. So, these isolated species develop or evolve according to their habitat, because their gene modifications go in that direction (natural selection!). Disruptive selection is one of the main driving forces of sympatric speciation. Sympatric speciation is different and perhaps it does not exist. It occurs when there are no physical barriers that prevent species to mate together. The occurrence of speciation may be depends on availability of different food sources and existence of different shelters..

Describe and contrast allopatric speciation and sympatric speciation..pdf

RITU1ARORA

compute the present value for 14 years, interest rate 8 future valu.pdf

RITU1ARORA

Write down the complex potential for a source of strength m located at z=ih and a source of strength m located at z= -ih. Show that the real axis is a streamline in the resulting flow field, and so deduce that the complex potential for the two sources is also the complex potential for a flat plate located along y= 0 with a source of strength m located a distance h above it. Obtain the pressure on the upper surface of the plate mentioned above from Bernoulli’s equation. Integrate the pressure difference over the entire surface of the plate, and so show that the force acting on the plate due to the presence of the source is (rho)*m^2/(4*(pi)*h).Take the pressure along the lower surface of the plate to be equal to the stagnation pressure in the fluid. Solution z = x + i y z=x+iy Complex potential general form: F ( z ) = + i F(z)=+i Complex potential for a source of strength m : F ( z ) = m/ 2 log ( z z 0 ) F(z)=m2log(zz0) Bernoulli\'s equation for ideal irrotational flow: t + p + 1 2 G = F ( t ) t+p+12G=F(t) where F ( t ) F(t) is the unsteady Bernoulli constant y=0 is a streamline in the flow field. Separate real and imaginary parts of the complex potential so that I can isolate and show that = 0 at y=0. Tease out from the complex potential + i = m 2 log ( z 2 h 2 ) +i=m2log(z2h2), take the exponential of each side to get rid of the log function, and my i term is tied up in an exponential e + i = e m 2 ( z 2 h 2 ) e+i=em2(z2h2). Since this flow is ideal, irrotational, and steady that Bernoulii\'s equation would simplify down to p + 1 2 G = 0.

Write down the complex potential for a source of strength m locat.pdf

RITU1ARORA

Write a stack class that has an STL vector as a data member. Your class should implement push, peek, and pop. Solution template class Stack { public: Stack(const std::initializer_list& i):elem(i) {} int size() const { return elem.size(); } bool empty() const { return elem.empty();} void push(const T&); T pop(); T peek(); private: std::vector elem; }; template void Stack::push(const T& t) { elem.push_back(t); } template T Stack::pop() { if (empty()) { throw std::out_of_range(\"underflow\"); } auto x = elem.back(); elem.pop_back(); return x; } template T Stack::peek() { if (empty()) { throw std::out_of_range(\"underflow\"); } return elem.back(); }.

Write a stack class that has an STL vector as a data member. Your cl.pdf

RITU1ARORA

Which of the following is NOT a segment asset of an operating segment? Assets maintained for general corporate purposes. Assets used jointly by more than one segment. Assets directly associated with a segment. Assets used exclusively by a segment. Solution Correct choice: A Asset maintained for general corporate purpose are usually unallocated and cannot be attributed to any department or segment. Such assets do not form part of core operations but are rather used as business support assets.

Which of the following is NOT a segment asset of an operating segment.pdf

RITU1ARORA

Why is knowledge of the heritability of a trait important for the study of evolution? Solution Hereditary is the passage of genetic information for traits from one generation to another generation throught assexual or sequal reproduction. Evolution is the change in the inherited traits of a population of the organisms, when mutations changes the genetic sequences are inherited across the successive generations. So, the knowledge of heritability of a trait will give an idea about the genetic history and relationship with the ancestors of the organism is important for the study of evolution..

Why is knowledge of the heritability of a trait important for the st.pdf

RITU1ARORA

Compare and contrast the physical characteristic of protozoans, yeast, and algae. Solution Protozoans Most of the protozoans possess the size range of 10 to 52 micrometers. They can also grow as large as 1mm and are visible through the microscope. They were previously included in the Protista family. Protozoans live in the aqueous environments and soil that range widely in the trophic levels. They move with flagella, cilia or pseudopodia. Protozoans absorb food through cell membranes. Sporozoans are non-motile forms. Amoeba is the protozoan which does not have structural components in its cell membrane. Protozoans are eukaryotic and possess developed organelles. Their cells do not possess cell walls. Yeast Some of the dry yeasts that are utilized in the alcoholic fermentation and baking are the agglomerates of dehydrated cells of Saccharomyces cerevisiae. The powders prepared from the different yeasts vary in terms of the genetic strain and their specificity in the industrial application. The physical characteristics of these yeast powders differ. The powders of wine yeasts and dry baker’s yeast exposed to different levels of relative humidity are identified with the help of electron microscopy and mechanical analysis. The physical characteristics of the yeasts that were used to differentiate them include loose bulk density, compressibility, cohesion, recoverable work in compression, angle of internal friction, and residual asymptotic modulus after stress relaxation. Algae Algae are plants that do not have clear distinction in true roots, stem and leaves. They bear unicellular or multicellular sex organs that are visible outside. Algae live in aquatic, fresh water and marine water habitats. Algae that are terrestrial live in the soil, rocks, tree trunks and so on. Halophytic algae live in saline waters, epizoic algae grow on snails and fish. Endozoic algae live inside the animals and symbiotic algae live in association with the fungi, bryophytes, pteridophytes and gymnosperms. There are unicellular or colonial forms of algae or thallus. They exist as filaments, siphons, and parenchymatous forms. The various pigments present in the algae include chlorophyll, carotenoids and phycobilins. The reserved food materials of different algae include cyonophycean starch, starch, floridean starch, laminarin and mannitol. Size of unicellular alga is about 3micrometers. Multicellular algae vary in their size from 50micrometers to 1mm..

Compare and contrast the physical characteristic of protozoans, yeas.pdf

RITU1ARORA

Which statement correctly saves the number of items in the variable .pdf

RITU1ARORA

What does the fossil record of Basilosaurid whales tell us about whale evolution? Solution Early whales,like Basilosaurus have tailfins.Such skeletal changes that accommodate an aquatic lifestyle are especially pronounced in basilosaurids.Their elbow joints were able to lock,allowing the forelimb to serve as a better control surface and resist the oncoming flow of water as the animal propelled itself forward.The hindlimbs of these animals were almost nonexistent.They were so tiny but well-formed hind legs of basilosaurids were probably used as claspers when mating.The pelvic bones associated with these hind limbs were not connected to the vertebral column as they were in protocetids.They were fully recognizable whales which lived entirely in the ocean.This is supported by their fossils usually found in deposits indicative of fully marine environments.The fossilised stomach contents in one basilosaurid indicates that it ate fish.From the ear bones to the ankle bones,whales belong with the hippos and other artiodactyls.Basilosaurid are the intermediates between the Ambulocetus and the modern whales..

What does the fossil record of Basilosaurid whales tell us about wha.pdf

RITU1ARORA

Three decision makers have assessed utilities for the following deci.pdf

RITU1ARORA

Think about our economy. Irrespective of economic conditions, we con.pdf

RITU1ARORA

The hardenability curves of several iron alloys are shown in the figure below. In terms of alloying additions, 1040<5140<8640<4140<4340. Explain briefly the effect of alloying addition to the hardenability of the iron alloys. Solution The image is not uploaded sir, you can repost including the image. for the effect of alloying addition to the hardenability of the iron alloys: Iron is a great buildingmaterial but steel (an alloy made by adding small amounts of nonmetallic carbon to iron) is stronger, harder, and rustproof. Aluminum is a very light metal but it\'s also very soft in its pure form. Add small amounts of the metals magnesium, manganese, and copper and you make a superb aluminum alloy called duralumin, which is strong enough to make airplanes. There are two mechanisms that can cause an alloy to form, called atom exchange and the interstitial mechanism. The relative size of each element in the mix plays a primary role in determining which mechanism will occur. When the atoms are relatively similar in size, the atom exchange method usually happens, where some of the atoms composing the metallic crystals are substituted with atoms of the other constituent. This is called a substitutional alloy. With the interstitial mechanism, one atom is usually much smaller than the other, so cannot successfully replace an atom in the crystals of the base metal. The smaller atoms become trapped in the spaces between the atoms in the crystal matrix, called the interstices. This is referred to as an interstitial alloy. Steel is an example of an interstitial alloy, because the very small carbon atoms fit into interstices of the iron matrix that\'s what makes it more hard Sulfur, when present, forms iron sulfide, which prevents the formation of graphite and increases hardness. The problem with sulfur is that it makes molten cast iron viscous, which causes short run defects. To counter the effects of sulfur, manganese is added because the two form intomanganese sulfide instead of iron sulfide. The manganese sulfide is lighter than the melt so it tends to float out of the melt and into the slag. The amount of manganese required to neutralize sulfur is 1.7 × sulfur content + 0.3%. If more than this amount of manganese is added, then manganese carbide forms, which increases hardness andchilling, except in grey iron, where up to 1% of manganese increases strength and density Titanium is added as a degasser and deoxidizer, but it also increases fluidity. 0.15–0.5% vanadium is added to cast iron to stabilize cementite, increase hardness, and increase resistance to wear and heat. 0.1–0.3% zirconium helps to form graphite, deoxidize, and increase fluidity.[3] In malleable iron melts, bismuth is added, on the scale of 0.002–0.01%, to increase how much silicon can be added. In white iron, boron is added to aid in the production of malleable iron; it also reduces the coarsening effect of bismuth.

The hardenability curves of several iron alloys are shown in the fig.pdf

RITU1ARORA

The de Broglie relationships are both valid for bloch electrons. Ture of False (explain). Solution Yes true , Bohrs model failed to explain many concepts such as the spectrum of different atoms and splitting of spectral lines in magnetic and electric field. To overcome the shortcomings of Bohr’s atomic model many attempts were made to develop a more general model for atoms. One of those development is de Broglie relationships. De Broglie proposed that as light exhibits both wave and particle like properties. And also the de Broglie relationships are both valid for bloch electrons..

The de Broglie relationships are both valid for bloch electrons. Tur.pdf

RITU1ARORA

TextBook Error Control Code (Lin and Costello) If the syndrome is z.pdf

RITU1ARORA

Based on taxonomical classification, to which of the following organisms is the clownfish (Amphiprion ocellaris) most closely related evolutionary? Humans (Homo saplens):phylum: Chordata, class: Mammalia The moon jellyfish (Aurelia aurita): kingdom: Animalia phylum: Cnidaria The sea anemone. Heteractis crispa. kingdom: Animalia, phylum: Cnidaria The phytoplankton Micromonas pusilla: domain: Eukarya; kingdom: Protista The common cuttlefish Sepia officinalis, kingdom. Animalia. phylum. Mollusca Solution Answer: Humans (Homo sapiens), Phylum: Chordata, Class: Mammalia Because: Clownfishes are fishes of the subfamily \"Amphiprioninae\" which belongs to the family \"Pomacentridae\". Phylum: Chordata So closely related with human..

Based on taxonomical classification, to which of the following organi.pdf

RITU1ARORA

Answer choices are: Internalized Principle, Societal Expectations, Self-Interest 2. 3. Answer choices are: Principles of individual rights, Principle of long-term self interest, Principle of utilitarian benefits Solution 1. ( A ) Self Interest (B) Societal Expectations (C) Internalized Principle 2. conventional 3. (A) Principles of individual rights (B) Principles of Long term self interest (C) Principles of utilitarian benefits.

Answer choices are Internalized Principle, Societal Expectations, S.pdf

RITU1ARORA

An environment would be considered harsh to an organism if it would.pdf

RITU1ARORA

A committee of three people is to be randomly selected from a group .pdf

RITU1ARORA

More from RITU1ARORA (20)