What is meant by “Level 1,” “Level 2,” and “Level 3” valuations in accounting?
What is meant by “Level 1,” “Level 2,” and “Level 3” valuations in accounting?
essay questions 1. Explain what is meant by “Accrual Accounting” and “Cash-based Accounting”, giving an example of a transaction and its handling under the two different accounting systems. (Chapter 3, Section 5.4.1 and in- class examples). 2. What is “Basic EPS” and how is it calculated? Is this number a good indicator for future company profitability? (Chapter 4, Section 6.2) 3. What is “Common-Size Analysis” of the Income Statement and why do we need it? (Chapter 4, Section 7.1)
What is meant by “single molecular level”?
What is meant by the term accrual basis of accounting? What is its alternative?
1) Explain what is meant by a good being "excludable."? 2) Explain what is meant by a good being "rival in consumption."? 3) Define and give an example of a public good. Is it likely that the private market provide this good on its own? Explain. 4) Define and give an example of a common resource. Without government intervention, will people use this good too much or too little? Why?
QUESTION 4 a) What is meant by critical region and significance level in hypothesis testing? (2 marks) b) A random sample X1, X2...., X, of size n is obtained from a normal distribution with mean, u and variance, 81. We are interested to test Ho : 4 = 100 against H, : x = 104. 1) Show that a best critical region according to Neyman-Pearson lemma is 82c. (8 marks) ii) Find the sample size, n given that the significance...
Explain what is meant by the “level of significance” and its relationship to hypothesis testing.
Financial Accounting Questions: Explain what is meant by FOB shipping point and FOB destination.
) What is biodiversity? (3 marks) What is “an intact ecosystem”? (2 marks) What is meant by “a cascade effect”? (3 marks)
What is meant by the term “the anthropocene”? (2 marks) What is the ‘ecological footprint”? (3 marks)