1-True or False? Ensuring that inventory transactions are recorded in the correct accounts is an example...

1-True or False? Ensuring that inventory transactions are recorded in the correct accounts is an example of the completeness assertion.

2-True or False? A capital asset sub-ledger details individual items of plant and equipment and records the cost of each asset and of any additions or alterations, and the accumulated depreciation charged against it.

3-True or False? The key issues in auditing property, plant, and equipment are ensuring that the property, plant, and equipment actually exist, are owned, and are properly valued with adequate provision for depreciation.

4-True or False? An imprest petty cash fund is a cash fund maintained at a constant level via replenishment with the value of receipts paid out of the fund.

Expert Solution

ekkarill92 answered 1 year ago

2) True or False (If statement is false, correct it so that it is true) a)...

2) True or False (If statement is false, correct it so that it is true) a) Polymers make up an exciting class of biomaterials. Polyethylene is a wonderful example of a simple ceramic that can be used in multiple applications by modifying its chemical structure. It tends to be bioactive when used by itself as an implant, but it becomes even more bioactive when 10 vol% Calcium Carbonate is added to it. Teflon can be used as a vascular graft...

TRUE or FALSE? Correct if FALSE 1. There is no way to expand an economy using...

TRUE or FALSE? Correct if FALSE 1. There is no way to expand an economy using fiscal policy without incurring (or increasing) a budget deficit. 2. The existence of budget deficits must mean that the government is conducting an expansionary fiscal policy. 3. When a government finances its expenditures by printing money rather than collecting taxes, this can lead to “too much money chasing too few goods” and hyperinflation.

Please answer these TRUE or FALSE questions. 1. True or False. The Born-Oppenheimer approximation accounts for...

Please answer these TRUE or FALSE questions. 1. True or False. The Born-Oppenheimer approximation accounts for scattering. 2. True or False. Tunneling is one way to approximate the solution to the Free Particle. 3. True or False. The coordinate version (x,y,z) of the Free Particle wavefunction can be normalized by including time. 4. The spin quantum number is used when combining the Hydrogen Atom and Free Particle models together.

Are the following statements true or false? If false, correct them. 1.An investor who wishes to...

Are the following statements true or false? If false, correct them. 1.An investor who wishes to sell shares immediately should ask his or her broker to enter a limit order. 2.Then ask price is less than bid price. 3.An issue of additional shares of stock to the public by Microsoft would be called IPO. 4. An ECN (Electronic Communication Network) is a computer link used by security dealers primarily to advertise prices at which they are willing to buy or...

QI/ True or False, correct the false if exist. 1- In SRM motors, reluctance torque is...

QI/ True or False, correct the false if exist. 1- In SRM motors, reluctance torque is produced by the tendency of the rotot to move to its maximum reluctunce position 2- Hybrid stepping motors combine aspects of both permanent magnet and cupper winding technologies. 3. In Single-phase half-wave ac valtage controller, a single pulse is enough to operate the converter for a complete electrical cycle 360. 4 In single-phase cycloconverter, if there are 4 input electrical cycles then there have...

TRUE FALSE. If false CORRECT the wrong word/words 1. If the price level in Japan is...

TRUE FALSE. If false CORRECT the wrong word/words 1. If the price level in Japan is 2, the price level in the U.S. is 1. Defining e as Yen to buy one dollar, then the nominal exchange rate (e) holding the purchasing power parity is 1 2. A nominal appreciation of the Japanese yen (against all currencies) indicates that the number of units of foreign currency that one can obtain with one yen has increased 3. If the exchange rate...

True or False 1._____ Dividends in arrears on cumulative preferred stock need not be recorded as...

True or False 1._____ Dividends in arrears on cumulative preferred stock need not be recorded as a liability. 2._____All long-term debt maturing within the next year must be classified as a current liability on the balance sheet. 3._____ A company is a plaintiff in a lawsuit. It should accrue the estimated gain from the judgment if information indicates that it is virtually certain and the amount can be reasonably estimated. 4._____The revenue from a service-type warranty that covers several years...

This is true and false and if the asnwer is false i need the correct answer....

This is true and false and if the asnwer is false i need the correct answer. _____ The least squares slope for predicting y from x is the same asthe least squares slope for predicting xfrom y _____ The least squares linepasses through the point of averages . _____ A residual is the deviation of a point from the point of averages _____ It is common to use a residual plotbased on plotting the residuals versus x. ______Theleast squares lineis...

(True and False) Circle the correct answers. (True or False) A continuous metric is one derived...

(True and False) Circle the correct answers. (True or False) A continuous metric is one derived by counting something. (True or False) Categorical data is nominal data. (True or False) The tracking signal is the MAD divided by the running sum or errors. ((True or False) Ordinal data are ranked according to some relationship to one another. (True or False) Observations that radically different than the rest are called outlaws. (True or False) The second quartile and median are the...

TRUE OR FALSE.Write True if the statement is correct and False if the statement is wrong....

TRUE OR FALSE.Write True if the statement is correct and False if the statement is wrong. (10 pts.)_____ 1. Investment management is also known as portfolio management._____ 2. The largest financial fund are firms that exhibit all the complexity of demands._____ 3. The internal auditors are the one who took account of the institutions’ own money and cost._____ 4. The financial controllers are the one who examines the internal system of the organization._____ 5. The important of investment management is...

Question