THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 90

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sample of 8 households was asked about their monthly income (x) and the number of hours they spend connected to the internet each month (y) .The data yield the following statistics:
,
,
,
,
-Compute the error sum of squares.

• A)116.399
• B)458.962
• C)712.082
• D)688.188

Understand how inventory and long-term contract losses are treated in interim financial reports.

Grasp the requirements for disclosing earnings per share and other key financial items in interim reports.

Become familiar with the disclosure requirements under International Financial Reporting Standards (IFRS) for interim reporting.

Analyze the effects of inventory valuation method changes on interim financial reporting.