Reports That Provide Detailed or Summary Information About Transactions That

question 18

Short Answer

Reports that provide detailed or summary information about transactions that fall outside the normal range of values are called _____ _____.​

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Definitions:

Material Fact

A fact that is significant or essential to the issue or matter at hand, which, if known, could influence an individual's decision.

Nondisclosure

An agreement or clause that prohibits the sharing of confidential information.

Material Fact

Information that is significant enough to influence a decision or the outcome of a legal case or transaction.

Unilateral Mistake

The result of an error by one party about a material fact, that is, one that is important in the context of a particular contract.