Provide an Appropriate Response $$\begin{array} { c | c } x & y \\\hline 1 & 0 \\\hline 3 & 3 \\\hline 9 & 12 \\\hline 27 & 27 \\\hline 81 & 48\end{array}$$

question 141

Essay

Provide an appropriate response.
-Verify that the following data points give constant second differences. Does this guarantee that the points fit
exactly on a quadratic function? Why or why not? $$\begin{array} { c | c } x & y \\\hline 1 & 0 \\\hline 3 & 3 \\\hline 9 & 12 \\\hline 27 & 27 \\\hline 81 & 48\end{array}$$

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Definitions:

IFRS

IFRS, or International Financial Reporting Standards, are a set of accounting standards developed by the IASB that aim to ensure transparency, accountability, and efficiency in the financial statements of public companies globally.

Liabilities Reporting

The process of disclosing a company's obligations and debts on its financial statements.

Revenues Test

A criterion used to assess whether revenues are being recognized in the correct accounting period under the accrual basis of accounting.

Operating Segment

A component of a business that engages in business activities earning revenues and incurring expenses, whose operating results are regularly reviewed by the organization's chief operating decision maker.