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Q. What are the misstatements?
A Misstatement is Inconsequential - If a reasonable person would determine after considering the possibility of further undetected misstatements that misstatement either individually orwhen aggregated with other misstatements would clearly be immaterial to financial statements. If a reasonable person couldn't reach such a conclusion regarding a specific misstatement, that misstatement is more than inconsequential.
capital structure
Plugging back of the future of profit means the reinvestment by the concerns of its surplus in the business. it is an internal financial of the business and it is more suitable for
Examine the difference between Explicit Cost and Implicit Cost Cost of capital can be either implicit cost or explicit. Explicit cost of any source of capital is the discount r
Question- Under a hire purchase deal structured by X Finance Ltd. for Y Corporation, the finance company has offered to finance the purchase of equipment that costs Rs. 200 lakh.
what is Substantive tests or transactions based auditing Tests to attain audit evidence to detect material misstatements in financial statements. Using analytical procedures an
Assume you manage a $4.42 million fund that having of four stocks with the following investments: Stock Investment Beta A
How is the finance company play a vital role in investment intermediaries? Finance companies: Finance companies make loans to corporations and individuals by giving consu
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Limitations of participation: 1. Technology and organization today are so complex that specialized work roles are required making it difficult for people to participate succes
What does an investment banker do when underwriting a new security issue for a corporation? While underwriting a new security issue an investment banker buys it and after that re
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