And let y be the dep Samenvattingen, Aantekeningen en Examens

What if not followed IAS or IFRS? Not True and Fair = UNETHICAL Why PRINCIPLES not RULES? Principles harder to circumvent Why have a FRAMEWORK? Provides guidances for standards setters Gives guidance where no standards exist Helps all parties with intrerpretation 2 x Useful qualities of financial information RELEVANCE = Influences Decisions FAITHFUL REPRESENTATION = Complete, Neutral, No Errors What does RELEVANCE offer? PREDICTIVE VALUE CONFIRMATORY VALUE 4 X Qualities of FAITHFU...

BUSI 230 Week 8 A Rated answers Question 1) Is the magnitude of an earthquake related to the depth below the surface at which the quake occurs? Let x be the magnitude of an earthquake (on the Richter scale), and let y be the depth (in kilometers) of the quake below the surface at the epicenter. x 2.9 4.7 3.3 4.5 2.6 3.2 3.4 y 4.6 10.3 11.2 10.0 7.9 3.9 5.5 (b) Use a calculator to verify that Σx = 24.6, Σx2 = 90.20, Σy = 53.4, Σy2 = 460.56 and Σxy = 195.43. Compute r. (Round to 3 decimal...