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Adverse Opinion - The auditor shall express an adverse opinion when the auditor, having obtained sufficient appropriate audit evidence, concludes that misstatements, individually or in the aggregate, are both material and pervasive to the financial statements. Qualified opinion - The auditor, having obtained sufficient appropriate audit evidence, concludes that misstatements, individually or in the aggregate, are material, but not pervasive , to the financial statements; or the auditor is unable to obtain sufficient appropriate audit evidence on which to base the opinion, but the auditor concludes that the possible effects on the financial statements of undetected misstatements, if any, could be material but not pervasive. Disclaimer of Opinion - The auditor shall disclaim an opinion when the auditor is unable to obtain sufficient appropriate audit evidence on which to base the opinion, and the auditor concludes that the possible effects on the financial statements of undetected misstatements, if any, could be both material and pervasive.
If a tax is placed on the product in this market, tax revenue paid by the buyers is the area
During the planning period, highest growth rate was achieved during
Accelerator theory of investment is the ratio of:
The Phillips curve shows the trade-off between ----- and -----?
When the expected future marginal product of capital increases, then the IS curve
Which of the following is correct regarding long run cost
'Distributed Profits' is also known as:
If quantities of all commodities change in the same proportion then
If an individual deposits a sum of money in a bank, then the amount of additional credit that the banking system can be create is
When C = 200 + 0.75(Y − T), I = 200 − 25r, G = 100, T = 100. Find IS curve function.