record in the table below. Calculate the change in market value OE, change in valuation equity and change in cost basis OE during 2018-2019 and record in the table below.

Q: Can you provide a manual written working of calculating covariance with MP?  I am very much still…

A: Formula for covariance is: Covariance(XY)=∑P*(X-X) *(Y-Y) Where P=Probability X⇀ = Average of the…

Q: Which of the following is the postclosing trial balance not designed to verify?

A: The objective of this question is to understand what the postclosing trial balance is not designed…

Q: Explain why reclassification adjustments are necessary.

A:

Q: What items could increase the risk of material misstatement?

A: Risk of material misstatement (ROMM) is a risk that the financial statements when audited will…

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A: Form 1065 is an informational type of return need to be filed by the partnership to the IRS.IRS…

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A: Audit Report: The auditor's statement is the auditor's written letter which states if the accounting…

Q: What are the possible reasons for keeping incomplete records?

A: Incomplete records:   It refers to a situation where an organization does not use double entry book…

Q: describe the structure of codification. Codification of accounting standards reduces the time and…

A: The codification of accounting standards is a method of coding all of the accounting principles…

Q: 1. All of the following are characteristics of effective information, except:   Relevance…

A: Accounting and maintaining books of account are very important for a business organization. It means…

Q: you did not complete all the part

A: Current ratio and acid test ratio uses the current liabilities as the base and this is the common…

Q: Explain errors of principle and give two examples with measures to rectifythem.

A: An error of principle is an accounting mistake in which an entry is recorded in the incorrect…

Q: When is independence impaired under PCAOB standards?

A: Independence would be considered to be impaired if a covered member accepts more than a token gift…

Q: Please assist, the answer of 230292 is not correct.

A: Income Statement - Income Statement includes income earned and expenses incurred during the…

Q: How can a poorly designed database result in unintentional loss of critical records?

A:

Q: Which of the following is the maximum misstatement that can exist in an account before it is…

A: MisstatementThe difference between the required amounts in the presentation or disclosure and the…

Q: How are errors corrected if they're not properly accounted for?

A: The errors can happen as all the things are human oriented. The error can happen as the process of…

Q: What are the distinguishing features of a legacy system?

A: Legacy system:   It is an old method technology computer system. It can also be called an…

Q: is the postclosing trial balance not designed to verify

A: The Answer :

Q: It is not particularly important what allocation base is used in calculating the POHR as long as it…

A: Consistency in the application of the allocation base is indeed crucial when calculating the…

Q: describe conditions that are conducive to issuing low-quality, or even fraudulent, fi…

A: Financial reports are issued at the end of the year that shows the status of the Company.

Q: In what ways can independent verification occur?

A: Independent Verification of business activities of a company can be done various ways. Some of them…

Q: Select one:

A: In this question, we have to find out from the given options which one is not the option of data…

Q: Describe some limitations of internal conrol systems. Why do limititations on internal control…

A: Please find the answer to the above questions below:

Q: Non-GAAP measures have become extremely common. TRUE or FALS

A: Non-GAAP (Generally Accepted Accounting Principles) measures are financial performance metrics that…

Q: In the Framework, it is possible that an entity may not disclose relevant information. Why?

A: The <IR> Framework is the International Integrated Reporting Framework, which presides over…

Q: INCOME STATEMENT OF QUICK BURGER CORP., 2016 (Figures in $ millions) $ 27,587 17,589 1,422 $ 8,576…

A: Free cash flows are the amount of cash from operations after incurring capital expenditures. It is…

Q: What is ESG reporting and why does it matter?

A: Transparency on ecological and socially responsible actions is becoming more popular. Environmental,…

Q: Describe the alternative approach to record prepayments.

A: Prepayments are the amounts paid in advances for expenses of future period. Alternative approach to…

Q: Briefly explain the three methods of DEPRETIATION? Which of the methods are used the most often in…

A: Depreciation is an accounting method used to allocate the cost of a tangible asset (such as…

Q: Which is an error of omission

A: Accounting error is error in entering, computing, and analysis of data. This includes the recording…

Q: According to IFRS, the retrospective technique should not be employed if any of the following…

A: The question explains about  According to IFRS, the retrospective technique should not be employed…

Q: Risk of material misstatements increases if

A: Please see the next step for the solution

Q: How do counterbalancing errors differ from noncounterbalancing errors?

A: Errors that occur in a specific period but are anticipated to be rectified in subsequent periods are…

Q: ies understanding, could I have

A: With estimated breakage of 3 cards, it is expected that 26 and not 29 cards will be redemmed.…

Q: What are some examples/scenarios of derecognition?

A: Derecognition means to remove or eliminate a financial asset or liability from the company's Balance…