Jerry Is a Middle-School Student Working on a Communication System

question 93

Essay

Jerry is a middle-school student working on a communication system that only other adolescents can respond to.Briefly describe which aspect of sound he should focus on and why.

---

Definitions:

Preparing

The act of making something ready for use or consideration, often in the context of assembling financial statements or reports.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that aims to make international financial reporting more uniform.

SMEs

Small and medium-sized enterprises, which are businesses with a limited number of employees and revenue falling below certain thresholds according to local country standards.

Recognizing

The process of formally recording or acknowledging an item in the financial statements.