Answer: pegged exchange rate
Explanation:
A pegged exchange rate also referred to as the fixed exchange rate, sometimes is an exchange rate regime type whereby the value of a currency is fixed by the monetary authority of a particular country against the value of the currency of another country.
This is the type of exchange rate used by the Chinese government in the question above.
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Answer:
The correct answer is letter "B": existence, completeness, and rights and obligations.
Explanation:
Assertions are management claims about certain matters regarding a company. Those claims are raised as a result of <em>auditing</em> the firm's financial statements. There are three (3) types of assertions which are:
- Transaction-level assertions: <em>accuracy, classification, completeness, cutoff, and occurrence.
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- Account balance assertions: <em>completeness, existence, rights and obligations, and valuation.
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- Presentation and disclosure assertions: <em>accuracy, completeness, occurrence, rights and obligations, and understandability.</em>
Answer:
The overhead application rate was: $0.20 per direct labor cost
Explanation:
The overhead application rate is used to apportion the factory overheads to jobs or departments
The overhead application rate = Budgeted Overheads / Budgeted Activity
= $6,000/$30,000
= $0.20 per direct labor cost
The answer is defensiveness. It is the category as the general tendency to control one’s expression of negative emotion and not all oneself to be influenced by these negative feelings. In addition, self-deception was associated with decreased physiological reactivity to a stressful task while defensiveness was associated with increased physiological reactivity. This difference among self-deception and other deception.
