When the cost of an item can be traced to objective evidence of a transaction, such as a sales receipt, canceled check, and bank statement, the information has the quality of:
1 answer
Question:
When the cost of an item can be traced to objective evidence of a transaction, such as a sales receipt, canceled check, and bank statement, the information has the quality of:
Answers
Answer:VerifiabilityExplanation:As the name suggests, the quality of the documents like sales receipts, purchase receipts, cash receipts, canceled check, bank statement or other documents which are used for evidence plus for tracing the order also should be based on verifying by an independent person with a motive that every document or every kind of information is correct and accurate. The evidence quality totally depends on the verifier who verifies the document with an unbiased behavior telling that the financial statements are reliable and accurate in all aspects.
Similar Solved Questions
2 answers
How do you solve this problem 8a+a-3=6a-2a-3
how do you solve this problem
8a+a-3=6a-2a-3...
2 answers
In the poem “The Road Not Taken” by Robert Frost, a road that branches two ways is a symbol for the choices people make in life. If we follow one road, that is one choice; if we follow the other road, that is another choice. What kind of symbol is this? A. personal B. conventional
In the poem “The Road Not Taken” by Robert Frost, a road that branches two ways is a symbol for the choices people make in life. If we follow one road, that is one choice; if we follow the other road, that is another choice.
What kind of symbol is this?
A.
personal
B.
conventional...
1 answer
How many grams of Na2s do we need to dissolve in 200ml of water to get a solution that is 0.2 M?
how many grams of Na2s do we need to dissolve in 200ml of water to get a solution that is 0.2 M?...
1 answer
Employees exhibiting which of the following features are more likely to engage in political behavior? A) lack of organizational investment B) external locus of control C) low need for power D) Machiavellian personality E) low self-monitoring
Employees exhibiting which of the following features are more likely to engage in political behavior?
A) lack of organizational investment
B) external locus of control
C) low need for power
D) Machiavellian personality
E) low self-monitoring...
1 answer
What is the solution to this system of equations? Write your answer as a coordinate pair. (2x – 3y = -1 - 7x + 10y = 6
What is the solution to this system of equations?
Write your answer as a coordinate pair.
(2x – 3y = -1
- 7x + 10y = 6...
2 answers
How can you tell which events are caused by other events and which events are merely correlated
how can you tell which events are caused by other events and which events are merely correlated ...
1 answer
What are the pros and cons of using Nitrous Oxide in a vehicle?
What are the pros and cons of using Nitrous Oxide in a vehicle?...
2 answers
AssessmentD. Fibonaces2. The geometne sequences below has a common ratio of -2. except:A32, 16, S. B*8. 16, 32 2. 4.-8.16 D. 3.-6. 12. 243. What is the common rate of the sequence 1000, 1000, 100, 10, 12AB 10C 100D. 10001.3,4. Which of the following sequences illustrates arithmetic sequence?-5. 0, 5, 10, 15.3. 9. 27. 81.243,IV. 4.1. -2.-5.-8.AI and IC II and IIIB. I and IVDI and IV5. Which of the following does NOT belong to the group?4.5. -10. 20.0C 18. 15. 12.9B-5. -10, -15, -20D. 2. 4. 6,86.
AssessmentD. Fibonaces2. The geometne sequences below has a common ratio of -2. except:A32, 16, S. B*8. 16, 32 2. 4.-8.16 D. 3.-6. 12. 243. What is the common rate of the sequence 1000, 1000, 100, 10, 12AB 10C 100D. 10001.3,4. Which of the following sequences illustrates arithmetic sequence?-5. 0, 5...
1 answer
"!PLEASE HELP, ITS MY 5TH TIME POSTING THIS QUESTION!" What are the dangers of resisting colonization? What are the consequences of not resisting?
"!PLEASE HELP, ITS MY 5TH TIME POSTING THIS QUESTION!"
What are the dangers of resisting colonization? What are the consequences of not resisting?...
1 answer
A tugboat tows a ship with a constant force of magnitude F1. The increase in the ship's speed during a 10 s interval is 5.0 km/h. When a second tugboat applies an additional constant force of magnitude F2 in the same direction, the speed increases by 19 km/h during a 10 s interval. How do the magnitudes of F1 and F2 compare? (Neglect the effects of water resistance and air resistance.)
A tugboat tows a ship with a constant force of magnitude F1. The increase in the ship's speed during a 10 s interval is 5.0 km/h. When a second tugboat applies an additional constant force of magnitude F2 in the same direction, the speed increases by 19 km/h during a 10 s interval. How do the magnit...
1 answer
Triple a number is the same as double the number increased by five.
triple a number is the same as double the number increased by five....
1 answer
Which fraction is equivalent to 20? 5 1 4 5 1 16, because 20 = and 4 = 16 4 4 5 1 12, because 20 and 1 4 4 - 12 4 5 5-1 4 19, because 20 - 20-1 20-119 4 15, because 20 1 5 5-1 20-5 4 15
Which fraction is equivalent to 20?
5
1
4
5
1
16, because 20 = and 4 = 16
4
4
5 1
12, because
20 and
1
4
4 - 12
4
5 5-1 4
19, because 20 - 20-1
20-119
4
15, because 20
1
5
5-1
20-5
4
15...
1 answer
The _____ lobe of the cortex receives information from all of the senses and is responsible for coordination of the senses, as well as higher cognitive functions such as thinking and problem solving.
The _____ lobe of the cortex receives information from all of the senses and is responsible for coordination of the senses, as well as higher cognitive functions such as thinking and problem solving....
1 answer
Comparative balance sheets for 2021 and 2020 and a statement of income for 2021 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided. METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2021 and 2020 ($ in thousands) 2021 2020 Assets Cash
Comparative balance sheets for 2021 and 2020 and a statement of income for 2021 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided.
METAGROBOLIZE INDUSTRIES
Comparative Balance Sheets
December 31, 2021 and 2020
($ in tho...
1 answer
Which term is defined in the statement? The use of ideas, information, or rumor for the purpose of helping or harming an organization, a cause, or a person censorship stereotyping propaganda credibility
Which term is defined in the statement? The use of ideas, information, or rumor for the purpose of helping or harming an organization, a cause, or a person
censorship
stereotyping
propaganda
credibility...