Glencoe Accounting: First Year Course
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Accounting: What the Numbers Mean
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Terms in this set [10]
materiality
the information is sufficient in nature or amount to affect a decision
confirmatory [or feedback] value
the information provides feedback in order for users to assess prior expectations
predictive value
the information has the ability to help users evaluate past, present, or future events
completeness
information needed for the faithful representation of a company's financial position is included in the financial reports
neutrality
the information is free of bias and outside influences
freedom from error
the amounts reported reflect the best available information
comparability
the quality that enables users to compare the similarities and differences between multiple sets of financial information between different companies or the same company over time
verifiability
the information is as objective as possible [the same results can be duplicated with the same measurement techniques by others]
timeliness
the information is available at a time in which it can make a difference
understandability
the user should be able to understand the information presented in the context of the decision they are making
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Verified questions
ADVANCED MATH
The message REPLY TODAY is to be encrypted in the ElGamal cryptosystem and forwarded to a user with public key [47, 5, 10] and private key k = 19. [a] If the random integer chosen for encryption is j = 13, determine the ciphertext. [b] Indicate how the ciphertext can be decrypted using the recipient's private key.
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ADVANCED MATH
Draw a diagram and label the given information. Then, solve each triangle. Round answers to the nearest unit, if necessary. a] In acute $\Delta \mathrm { EFG } , e = 5 \mathrm { cm } , f = 6 \mathrm { cm }$ and $\angle \mathrm { G } = 63 ^ { \circ }$ b] In acute $\Delta \mathrm { WXY } , w = 10 \mathrm { m } , y = 11 \mathrm { m }$ and $\angle \mathrm { X } = 80 ^ { \circ }$
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ADVANCED MATH
A cube has side length x. Each dimension is increased by y. a] Draw a diagram of the cube. b] Write an algebraic expression for the surface area of the original cube. c] Write an algebraic expression for the surface area of the new cube. d] Write an algebraic expression for the difference in surface area. Expand and simplify. e] Write an algebraic expression for the difference in volume. Expand and simplify.
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ADVANCED MATH
Translate the following statements into symbolic form using uppercase letters to represent affirmative English statements. Use the letters given in parentheses to form the translations. If affirmative action programs are dropped, then if new programs are not created, then minority applicants will suffer. [A, N, M]
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