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a. quality of the earnings reported for the enterprise.
b. judgments and estimates used regarding the collectability, salability, and longevity of assets
c. omission of items that are of financial value to the business such as the worth of
the employees.
d. lack of current valuation for most assets and liabilities.
Correct answer seems to be1) quality of earnings reported for the enterprise
a)quality of the earnings reported for the enterprise
I think choice A, "quality of earnings reported for the enterprise" is the right answer for this question
agree with answers >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
I think the answer is "D". current valuation of assets and liabilities can be derived from the values in the balance sheet. Therefore current valuation is not its limitation.
ommision of item that are of financial value to the business such as the worth of the employees.
d. lack of current valuation for most assets and liabilities.
I think correct answer is "B", please explain what is correct answer if be is not.
>>>>>>>>>>a. quality of the earnings reported for the enterprise.
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answer is : A
quality of the earnings reported for the enterprise.
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thanks for all answers