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Discuss about the Materiality
An item can be considered material if its omission would reasonably influence the decisions of an addressee of report, a misstatement is material if it would have a similar influence. It can be of nature, value or disclosure. This would always be a matter of judgement for auditor however must be engaged in seeking "material "errors, misstatements andomissions.
Tests for Consistency The consistency of the index numbers have been tested over the years. The most important of these tests are: The time reversal test The
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I need report on Risk and Return. Do you provide help in topic Risk and Return? I need expert's assistance to solve my college assignment. Please suggest if it works for me.
List and describe the three career opportunities in the field of finance? Finance has three key career paths: financial markets and institutions, financial management and inves
The value of node is determined using a methodology called backward induction. The value at any node depends on the future cash flows; therefore, we need to start from
How has the merger activity in the past decade affected the concentration of assets in the banking industry? A: Over the last decade, some commercial banks declined by twenty-o
how can covered bond affect other secutites price
Chu Chu Train Systems is expected to pay a $3.25 annual dividend (D1 = $3.25), the dividend is expected to grow at a constant rate of 5.50% a year, and the common stock currently s
Explain how earnings available to common stockholders and common stock dividends paid from the current income statement affect the balance sheet item retained earnings. The cha
Q. Demerits of profitability index method? Demerits of PI method:- (i) This method is complicated to understand and implement (ii) Calculations in this method are complex
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