The Top Four Priorities of CFOs for 2020. Transition from Separated Spreadsheets to Integrated Insights Cutting costs without understanding the many interdependencies within a company may increase profit margins in the short term,
But in this fast-paced digital age, this is not the case. In order to prepare, more than half of the CFOs polled by Duke said they are focused on strengthening their company's balance sheets and/or cutting costs; 54% are stockpiling cash to increase liquidity.
However, in order to keep their companies financially stable regardless of economic cycles, CFOs must think long term. We recommend that they focus their efforts in the coming year on these four critical priorities.
To learn more about CFOs please click on below link
https://brainly.com/question/14316385
#SPJ4
Your friend tells you he is going to start investing and would like to earn a 10% return. They say stocks make them nervous, so they will only be investing 10% in stocks and the remaining 90% will be invested in bonds. What would you say to him?
If you invest a 100% in stocks however, you stand to make an average of 9.2% but a chance of a worst return of -40.40%.
What are stocks?Stocks are a sort of security that grants owners a stake in a business. Another name for stocks is "equities." United States Securities and Exchange Commission
Stocks can be divided into numerous categories based on a variety of factors, including fundamentals, industry, risk, dividend payout, and business size.
A stock reflects a claim on a company's assets and earnings as well as a share in the ownership of the business. As a result, investors own a portion of the business.
Fractional shares of stock, which are less than whole shares of ordinary stock, also signify ownership in a corporation.
Learn more about stocks, here
https://brainly.com/question/28663581
#SPJ1
find the time t required for a $1450 investment to double at interest rate r, compounded continuously, and triple at interest rate r, compounded continuously. round your results to two decimal places.
Compounded continuously time required for a $1450 investment to
1. For the amount to double: 9.37 years
2. For the amount to triple: 14.85 years
Explanation:
The equation for continuously compounded interest is:
f = p x e^rt
Where:
P is the amount that you invest today: $1,300
F is the value after t years: the double or triple of $1,300
r is the annual interest rate: 0.074
1. For the amount to double:
2 x 1450 = 1450 x e^0.074t
ln2 = 0.074t
t = 9.37 years
2. For the amount to triple:
3 x 1450 = 1450 x e^0.074t
ln3 = 0.074t
t = 14.85 years
Continuous compounding is the mathematical restriction that compound interest can attain if it's calculated and reinvested into an account's balance over a theoretically countless variety of periods. whilst this isn't always viable in exercise, the idea of continuously compounded interest is crucial in finance.
You should think about continuously compounding hobby as a way of setting your money to give you the results you want on a consistent and ongoing foundation. in case you invest in an account with consistent compounding hobby, the fee can be growing every minute of every day.
Constantly compounded hobby is the mathematical restriction of the overall compound hobby system with the interest compounded an infinitely commonly each year.
Learn more about Compounded continuously here : https://brainly.com/question/14303868
#SPJ4
The entry to record reimbursement of the petty cash fund for postage expense should include Multiple Choice A debit to Petty Cash A debit to Postage Expense A debit to Cash A debit to Supplies A debit to Cash Short and Over
Since the expense was paid for by the petty cash fund, the appropriate answer is to deduct Postage Expense.
What is petty cash fund?The basic goal of a petty cash fund is to provide company units with adequate cash to cover minor expenses. The idea is to make it simpler for staff members and guests to obtain reimbursed for modest costs like office supplies, taxi rides, postage, and other items that frequently don't cost more than $25.00. The Petty Cash Policy is described in detail.
Local units should employ the PCard in place of petty cash whenever practicable.
Petty cash custodians are responsible for safeguarding petty cash funds and keeping thorough records and receipts that serve as proof of each transaction.
To know more about Petty Cash Funds, visit:
https://brainly.com/question/15258796
#SPJ1
a firm should include as many unrelated businesses as possible to dampen their exposure to market risks. group of answer choices true false
False. Adding unrelated businesses to a firm can potentially increase a firm's total exposure to market risks.
Unrelated businesses are not necessarily protected from market risks, and having too many unrelated businesses can actually create additional overhead and management costs that can be detrimental to a firm's overall profitability.
Instead, a firm should focus on diversifying within its core business and exploring different markets that are connected to its core business. This will allow the firm to spread its risk across different markets, products, and services and will help to protect the firm from market risks.
For more questions like Unrelated businesses click the link below:
https://brainly.com/question/15004437
#SPJ4
job order costing and process costing are question 3 options: cost flow systems inventory tracking systems pricing systems cost accounting systems
Cost accounting has to do with how much it costs to produce a thing. It aids businesses in cost management, planning, and decision-making that increases cost effectiveness.
What is job order costing?
Cost accounting systems include job-order costing and process costing. The cost of goods or services offered is calculated using job order costing. Contrarily, process costing is used to calculate a product's cost at each stage of production.
Accounting that tracks costs and receipts by "job" and facilitates uniform reporting of profitability by work is known as "job costing." An accounting system must enable the assignment of job numbers to specific expenditures and revenue items in order to support job costing.
Job order costing is a method of costing in which the costs of every product or job are traceable. Process costing is a costing method where costs are calculated based on the number of equivalent units generated when a product is mass produced.
To learn more about job costing:
https://brainly.com/question/24516871
#SPJ4
when firms advertise their products, they are attempting to: a. shift the demand for the product to the right. b. shift the supply curve of the product to the right. c. shift the supply curve of the product to the left. d. shift the demand for the product to the left.
Businesses market their goods in an effort to reach that many consumers as they can, hence increasing demand for their goods and boosting sales.
Since when are firms called?It is thought to have originated from the German word Firma, which meant "a corporation, name of a business" and was derived from the Italian words Firma, which meant "signature," and Firmare, which meant "to sign." Firmare, which originally meant "to make firm, affirm," also came to signify "confirm (by signature)" in late Latin.
What would firms do?A business that seeks to make money by offering goods and services is known as a firm. Firm and business are both acceptable terms. Different organizational structures for businesses, including corporations and single proprietorships, are available.
To know more about firms visit:
https://brainly.com/question/29840644
#SPJ4
ou just deposited $4,000 in cash into a checking account at the local bank. assume that banks lend out all excess reserves and there are no leaks in the banking system. that is, all money lent by banks gets deposited in the banking system. round your answers to the nearest dollar. if the reserve requirement is 2020 %, how much will your deposit increase the total value of checkable bank deposits? $ if the reserve requirement is 88 %, how much will your deposit increase the total value of checkable deposits? $ increasing the reserve requirement increases
Total increase in checkable deposit = $4,000 / 0.07 = $57,143
When reserve requirement = 18% = 0.18,
Total increase in checkable deposit = $4,000 / 0.18 = $22,222
When reserve requirement = 7% = 0.07,
Total increase in checkable deposit = $4,000 / 0.07 = $57,143
A deposit account is a bank account maintained by a financial institution that allows customers to deposit and withdraw funds. A savings account can be a savings account, a checking account, or any of the other types of accounts described below.
A deposit is an amount of money deposited into your bank account. There are two types of deposits: list deposits and time deposits. Money market accounts include checking accounts, savings accounts, and money market accounts. Term deposit accounts include Certificates of Deposit (CD) and individual retirement accounts.
You need to deposit money in the bank to create savings and earn interest. Demand deposits are made on funds that can be withdrawn at any time. A fixed deposit is a long-term investment. The security deposit is also the amount of security deposit that you pay when you take out a loan.
Learn more deposits here:-https://brainly.com/question/1438257
#SPJ4
alicia has a portfolio consisting of two stocks, x and y, which is valued at $95,300. stock x is worth $65,700. what is the portfolio weight of stock y?
XY = ($89,100 - $57,800)/$89,100 = .351 is the portfolio weight of stock y.
What is portfolio ?A portfolio is a collection of the company's products, services and achievements. The goal of a business portfolio is to increase a company's presence in the market, attract more customers, and show how the company differs from its direct competitors in the market. A business portfolio is defined as a collection of products, services and other business lines. The portfolio is the organization's accessible set of resources that it uses to achieve its goals.It consists of investments, holdings, products, companies and brands. Corporate Portfolio refers to a company's list of assets. The term includes, for example, startup devices and machines. A product portfolio, on the other hand, is linked to a company's physical inventory of items. A portfolio is a set of photographs of images of people or examples of work that you use when entering a competition or applying for a job.To learn more about portfolio from the given link:
https://brainly.com/question/29333981
#SPJ4
what is investor sentiment? the stock market's attitude towards specific stocks, industries, or market conditions technical information about specific stocks, industries, or market conditions something that has no effect on market prices something that is intangible, it's the emotional measure of a stock and can't be measured
The broad prevalent opinion of investors regarding the anticipated price development in a market is known as market sentiment, often referred to as investor sentiment.
What does investing emotion entail?Market sentiment, commonly referred to as investor sentiment, describes the broad perspective or attitude of investors toward a certain securities or the entire financial market. The general price patterns are where market participants' optimism or pessimism is most readily apparent.
How are investors feeling right now?US Investor Sentiment,% Bullish is at 24.47%, down from last week's 28.86% and this year's 33.81%. This is less than the historical average, which is 37.64%.
Learn more about Market sentiment here:
https://brainly.com/question/17247316
#SPJ4
A firm is a natural monopoly if it exhibits the following as its output increases:
a. decreasing marginal revenue
b. increasing marginal cost
c. decreasing average revenue
d. decreasing average total cost
Option D, If a firm demonstrates the following as its output rises and the average total cost decreases, it is a natural monopoly.
Due of the high start-up and/or fixed costs of manufacturing, a natural monopoly develops. Because the increase in production will increase the money received from the sale of created goods, when a monopoly raises its output, the output impact will increase total revenue. If one firm can serve a market more affordably than any combination of two or more firm , that market has a natural monopoly. The output effect works to raise total revenue when a monopoly boosts output and sales, whereas the pricing effect works to decrease total revenue.
learn more about monopoly here:
https://brainly.com/question/7217942
#SPJ4
an intermediary who sells to other intermediaries, usually to retailers in consumer markets, is referred to as a(n) . group of answer choices a. broker d. distributor c. retailer e. wholesaler b. agent
Wholesaler. a seller of goods to other intermediaries, typically retailers.
What exactly does a consumer-selling intermediary do?Retailers buy goods from other channel middlemen, such wholesalers and distributors, to resell to customers directly. For-profit businesses of any size can operate as retailers. Compared to wholesalers and distributors, they typically purchase fewer things in larger quantities.
Who made the call to act as middlemen in the market?Agents, wholesalers, retailers, marketing services organizations, physical distribution corporations, and financial institutions are examples of independent businesses that help move goods and services from producers to end-users. Middlemen are another name for them.
To know more about retailers visit:-
https://brainly.com/question/28963307
#SPJ4
college students sometimes work as summer interns for private firms or the government. many of these positions pay little or nothing. a. what is the opportunity cost of taking such a job? b. explain why students are willing to take these jobs. c. if you were to compare the earnings later in life of workers who had worked as interns and those who had taken summer jobs that paid more, what would you expect to find?
The opportunity cost of taking such a job is what the student would have earned in a regular job otherwise. Students may well be willing to take such a job if they acquire valuable skills that increase their productivity or if they can signal to employers that they are good employees.
What is opportunity ?A business opportunity is an opportunity to take advantage of market events to start a business. It is a kind of favorable condition that exists in the market. Depending on the business opportunity, some businesses will succeed and others will fail.The opportunity section of your business plan is about the products and services you create. The aim is to explain why your company is exciting and what problems you solve for people. chance. SWOT opportunities arise from existing strengths and weaknesses, as well as external initiatives that enhance competitiveness. These could be weaknesses you want to improve, or areas that were not identified in his first two phases of analysis.To earn more about opportunity from the given link :
https://brainly.com/question/29341508
#SPJ4
easy rider inc. sold a 15 year $1,000 face value bond with a 10 percent coupon rate. interest is paid annually. after flotation costs, easy rider received $928 per bond. compute the after-tax cost of debt for these bonds if the firm's marginal tax rate is 40 percent.
The after-tax cost of debt for these bonds if the firm's marginal tax rate is 40 percent is 6.6.
Before tax cost is- 11%
After tax cost of debt is 11% × (1-40%) = 6.6%
Hence option d is correct
After tax cost of debt- The interest paid on debt less any income tax savings due to deductible interest expenses equals the after-tax cost of debt. Subtract a company's effective tax rate from one and multiply the difference by its cost of debt to calculate its after-tax cost of debt.
Total interest / total debt = debt cost
You'll need to know your effective tax rate to do so. Then add the outcomes together. Divide your interest amount by the total amount owed to get the weighted average interest rate. Your weighted average interest rate is 6.5%.
For more information on after tax cost of debt visit:
https://brainly.com/question/29332946
#SPJ4
. street lighting in a public park: nonrivalrous and nonexcludable b. playing world of warcraft, a massive multiplayer online computer game: nonrivalrous and excludable c. a chipotle burrito: rivalrous and excludable d. wild tuna in the pacific ocean for which no fishing permit is required: rivalrous and nonexcludable
The term "rivalrous goods" describes products for which consumers may engage in competition.
How would the claims be categorized?Non-rivalrous goods are those whose supply does not decrease as more people consume them.
Private commodities like automobiles are also referred to as excludable items.
The term "non-excludable goods" describes products that are accessible to all citizens.
The groupings are as follows.
A public park's street lighting is categorized as non-excludable items.
World of Warcraft gaming is considered a non-rivalrous good.
The Chipotle burrito is categorized as a competitive good.
In the Pacific Ocean, wild tuna is categorized as an excluded good.
To know more about these excludable goods, visit:
brainly.com/question/14115577
#SPJ4
positions such as justice of the peace and county tax assessor are important to a functioning democracy. True or False?
Positions such as justice of the peace and county tax assessor are important to a functioning democracy is a true statement.
What do taxes do for a nation?
A fundamental method for nations to produce public revenues that enable them to support investments in human capital, infrastructure, and the provision of services for citizens and businesses is through the collection of taxes and levies.
Why do nations levy taxes?
While financing war was the primary goal of taxation in ancient times, today governments also collect taxes to raise funds for a variety of public goods and services (including law and order, public infrastructure, education and healthcare).
To know more about taxes, click here- brainly.com/question/498167
#SPJ4
A pre interview' and asking warm up questions can both be helpful in order to: more tightly control the interview setting O put the interviewee more at ease before the interview O give the interviewer more confidence determine the interviewee's agenda
A pre-interview and asking warm up questions can both be helpful in order to put the interviewee more at ease before the interview.
A pre-interview is an initial stage of an interview for a job application process during which a meeting or over the phone meeting with lighter interview questions are conducted in order to find out more about the applicant's background such as education, previous experiences, skills, knowledge of the company, etc. The goal of a pre-interview stage is to gain an overall knowledge of the candidate's qualification and also to prepare and warm up the candidate for the actual interview with the Human Resources as well as the user of the prospective company.
To learn more about job interview visit: https://brainly.com/question/15744938
#SPJ4
which total cost rises when the firm produces one additional unit of output is called a. average cost. b. marginal cost. c. fixed cost. d. variable cost.
Option b. the marginal cost rises when the firm produces one additional unit of output
The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how the volume produced affects the cost and eventually profits by calculating the marginal cost.
Marginal Cost is calculated as Change in Total Cost / Change in Quantity, where a Change in Total Cost is calculated as the Total Cost of Production for a normal unit less the Total Cost of Production for an additional unit. Change in Quantity is calculated as Total Quantity Product minus Total Quantity Product of Additional Unit.
Learn more about Marginal Cost here:
https://brainly.com/question/15583202
#SPJ4
when there is a shortage of a product in a market the: a. price must be above the equilibrium price. b. price must be below the equilibrium price. c. producers will reduce output and sales will fall. d. price will fall.
(A)price must be above the equilibrium price. When demand for an item or service exceeds supply at the going rate, there is a shortage, which drives up the cost. Demand going up, everything else staying the same. will result in a rise in the equilibrium price.
In a market that is operating normally, the quantity provided and the quantity sought are in balance at a price determined by market forces. A shortage occurs when there is an imbalance between supply and demand for a good or service. The market is considered to be in a condition of disequilibrium when this happens. This circumstance often only lasts a short while before the product is supplied and the market returns to normal. It should be noted that the terms "shortage" and "scarcity" in economics should not be used interchangeably since while shortages are often transient and remediable, scarcities tend to be systemic and difficult to refill.
learn more about shortage here:
https://brainly.com/question/10010778
#SPJ4
true or false: in the future, locally-grown maple syrup will likely become more available in the midwest
It is completely inappropriate and factually incorrect to mention that in the future, the locally-grown maple syrup will have more availability in the Midwest. Therefore, the statement given above is false.
The primary reason why the availability of the resources such as the maple syrup will become more in the Midwest in the future is because the scientists have suggested that maple trees will cease to exist in the coming age, and thus, it will be impossible to produce maple syrup, whether in the Midwest, or throughout the world.
Learn more about availability here:
https://brainly.com/question/17439054
#SPJ4
In future the no of maple trees will be reduced due to civilization . Nemeche due to unavailability of maple trees it will be impossible
if you write a zero-based budget every month, it is not necessary to reconcile your account.
Answer:
false
Explanation:
a budget is an estimate of profit or expenses for a period of time
excessive fishing occurs because a. fishermen have other marketable skills and do not fear exploitation of fish reserves. b. fishermen rely on government managers to worry about fish populations. c. fishermen are unionized, so they are not concerned with externalities. d. each individual fisherman has little incentive to maintain the species for the next year.
Excessive fishing occurs because each individual fisherman has little incentive to maintain the species for the next year.
Spherical trigonometry is the branch of spherical geometry that deals with the metrical relationships between the sides and angles of spherical triangles, traditionally expressed using trigonometric functions. On the sphere, geodesics are great circles. Spherical trigonometry is of great importance for calculations in astronomy, geodesy, and navigation. The origins of spherical trigonometry in Greek mathematics and the major developments in Islamic mathematics are discussed fully in History of trigonometry and Mathematics in medieval Islam.
Learn more about Excessive here
https://brainly.com/question/1227988
#SPJ4
a benefit of internet advertising is the ability to directly measure advertising effects.true or false
Directly measuring the results of marketing advertising is one advantage of online advertising. is accurate.
Online marketing, often known as Internet marketing, digital marketing, or web marketing, is a branch of marketing and advertising that uses the Internet to reach target audiences and platform users with advertisements for products and services.a Online advertising includes practices including email marketing, search engine marketing, social media marketing, numerous display ad formats, and mobile advertising. The transmission of adverts via automated software platforms that work across various websites, media services, and platforms is referred to as programmatic advertising. Similar to other forms of advertising media, internet advertising typically consists of a publisher who integrates advertisements into its online content and an advertiser who provides the advertisements to be displayed on the publisher's content.
Learn more about marketing from
brainly.com/question/25369230
#SPJ4
a product-level activity center would likely include all of the following costs except: a. materials handling costs. b. legal fees to obtain and protect patents. c. packaging design costs. d. engineering development costs.
(a) materials handling costs. With the exception of materials handling costs, all of the following expenditures would likely be included in a product-level activity center.
Costs associated with material handling are those incurred during a product's entire production process, from design to shipping. It covers expenses like those for gasoline, labor, installing machinery, and other expenses as well. The term "materials handling costs" (or "MH%") refers to the multiplier, which is [*]%, that accounts for labor costs associated with production planning, material management, purchasing, storage, and quality inspection of incoming goods, as well as freight and insurance, material scrap and attrition (at the component level), and finance. The several sorts of expenses connected with preparing and moving inventory are referred to as handling costs. The majority of the costs go toward order fulfillment costs like shipping and packing. In manufacturing, warehousing, and distribution, material handling refers to the transportation, protection, storage, and management of materials and goods.
learn more about materials handling costs here:
https://brainly.com/question/15427143
#SPJ4
an expansionary monetary policy in the united states should part 2 a. cause the dollar to appreciate. b. decrease net exports. c. decrease the dollar price of imports. d. decrease the foreign currency price of u.s. exports.
The right answer is A. The dollar should rise in value if the US adopts an expansionary monetary policy.
What is an example of monetary policy?Monetary policy refers to the steps taken by a country's central bank to control the monetary policy in order to ensure economic stability. For instance, policymakers use instruments like debt levels, reserves, bonds, etc. to control the money flow in order to boost GDP, employment, and price stability.
What makes monetary policy so crucial?Interest rates as in economy are affected by monetary policy, including interest rates on term deposits, corporate loans, and mortgages. Interest rate fluctuations have an impact on how people invest their money or spend their money, which has an impact on inflation, economic growth, and employment.
To know more about monetary policy visit:
https://brainly.com/question/29694955
#SPJ4
fillman hardware corp. offers an incentive to all of its retail stores: any store that sells $500 worth of tools in one day receives a 25% discount on its next order. this incentive is an example of
This incentive is an example of spot bonuses. These kinds of rewards tend to increase job satisfaction among employees since they make them feel like their efforts are valued more.
An employee might, for incentive, put more effort into a project if they want to get a positive evaluation or avoid getting one than if they don't get one at all. Their drive stems from a desire to be rewarded or spared punishment during a performance evaluation at the conclusion of the project. An incentive is something that encourages or motivates someone to accomplish something, according to the definition. A reward is just anything that is actually handed to an employee, to put it simply.
To learn more about employees, click here.
https://brainly.com/question/13405418
#SPJ4
it is much more expensive to make major changes to a project during the earlier phases. T or F
FALSE, during the LATER stages of a project's development, adjustments are more expensive to make. According to current brain studies, a child's formative years range from birth to age three.
Growth, advancement, positive change, or the addition of physical, economic, environmental, social, and demographic components are all products of development. Development is the process of gaining new knowledge, an occasion, or a process of progress. A nice illustration of development is the process through which a caterpillar becomes a butterfly. Development is about fostering progress in several areas so that, when combined, they can foster even more growth. In today's society, development is essential since it has an impact on many facets of daily life. Development, or the lack thereof, and the need to further development are greatly influenced by a number of factors. Development is vital for a nation since it enhances business and trade in addition to producing greater jobs. Trade with other nations expands as countries develop and attract more foreign businesses. As a result, the economy of the nation continues to grow and there are more good employment available.
Learn more about development here
https://brainly.com/question/28156728
#SPJ4
The rate of depreciation of a car can be calculated by
a. dividing the original cost by the average annual depreciation
b. dividing the average annual depreciation by the original cost
c. subtracting the trade-in value of the vehicle from the original purchase price
d. dividing the original cost by the total depreciation
The annual depreciation amount divided by the total depreciable cost is the depreciation rate. The machine in this instance exhibits a straight-line depreciation.
How do you figure out a car's depreciation?Simply deduct the vehicle's current fair market value from the purchase price, less any applicable sales tax or fees, to determine how much value has been lost. If you're thinking about purchasing a car, research the fair market value of earlier models of the make and model to obtain an idea of the car's future value.
The depreciation rate: how is it determined?Result for an image By a. dividing the initial cost by the average annual depreciation, one can get the rate of a car's depreciation.
To know more about depreciation visit:
https://brainly.com/question/15085226
#SPJ4
what is the sinking fund factor amount if you planned to replace the swimming pool of your investment property (at a cost of $50,000) in 12 years and you expected the funds to grow at the rate of 6% per year?
The sinking fund factor amount if you planned to replace the swimming pool of your investment property (at a cost of $50,000) in 12 years and you expected the funds to grow at the rate of 6% per year is $104,655.
Investment property is property held by the owner or by the lessee under a finance lease to earn rentals or for capital and capital growth.
The rules of investment property are essentially the same as stated in IAS 16 for property, plant and equipment.
The amount of the sinking fund is as follows,
Sinking Fund = ((1+6%/12) ^ (5-12) – 1)/ (6%/12) * $1,500
Sinking Fund will be – Sinking Fund = $104,655.05 ~ $104,655.
The sinking fund is a fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset.
To know more about investment property here,
https://brainly.com/question/21504272
#SPJ4
if the beginning inventory is $15,000, purchases are $24,000, and the ending inventory is $23,000, the goods available for sale:
If the beginning inventory is $15,000, purchases are $24,000, and the ending inventory is $23,000, the goods available for sale: $14000.
What is inventory ?Inventory refers to goods and services held by a company for the ultimate purpose of re-sale, production. Inventory management is a discipline primarily concerned with specifying the shape and placement of stored goods. Inventory refers to all the items, goods, goods, and materials that a business holds for sale in the market to make a profit. Example: If a newsagent uses a vehicle to deliver newspapers to customers, only the newspapers are considered inventory. A car is treated as an asset.The four most generally used inventory types are raw materials, work in process, finished goods, maintenance, repairs and overhauls.Knowing the structure of your inventory will help you manage your inventory better.To learn more about inventory from the given link :
https://brainly.com/question/14184995
#SPJ4
supplementary information (si) not necessary for the fair presentation of the audited financial statements is presented with those statements. if the auditor has been engaged to report on si, how should it be reported on?
It should be In a separate report or other-matter paragraph.
What does supplementary information mean in financial statements?Any information that is provided in addition to the financial statements but is not required for a fair presentation of the financial statements is referred to as supplementary information. Both the financials and a separate document may provide this information.
What belongs in the supplemental information?The fundamental goal of extra content is to add more insightful data that aids in understanding and completes the main text. Tables outlining facts offered in the main text are the most typical type of supplemental information, along with figures.
Learn more about financial statements here:
https://brainly.com/question/14951563
#SPJ4
