Applied Statistics Of Health Care Professionals
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Question 1: Discussion about the Advanced accounting.
The main goal of accounting harmonization is to have one set of international accounting standards.
Answer: a. In the given post I agree to my peer post, which has examined how there is the main goal in connection to the accounting harmonization and it would be connected to the set of international accounting standards. There also seems to examine how there can be a related attribute to the for every company that has to examine how there can be set of international accounting standards that would help to determine the order for businesses that can grow and also be able to focus on the globalization (Fan, 2018). I further agree how there are multiple foreign subsidiaries which are also associated with the multiple ways of reporting and connecting to the financial statements which would be causing increased confusion that would help to determine the consolidating statements and it would attribute to the increased risk of misrepresenting financial statements. This is also connected to the Coca Cola that also has many subsidiaries existing in the 40 countries, and it would be integrating a consolidated statement.
b. In the given post, I agree to opinions presented that has helped to grasp the concept and also be examined with the harmonization of accounting reporting; that would be connected to have a closer look that would also be connected to reporting options in connection to the business. There would also be a connection to the two of the United States that is also having an accepting with the accounting principles (GAAP) along with the businesses which would be operating at the international level and it can examine to the international financial reporting standard (IFRS). GAAP is also related to the common set and examining of the accepted accounting principles related to the standards, and procedures along with the significant criteria to the companies that would be operating within the United States (Chatfield, 2018). Also as per the IFRS, it is also examined as a common rule connected to the financial statements that would be relatively consistent, transparent and it would also be comparable globally.
Question 2: As we move forward, please take a minute to share some of your prior knowledge.
What do you already know about statistics?
What did you learn about statistics in module 1?
What do you want to learn more about in statistics?
Answer: In my opinion, the statistic is also an interpretation of the character with the given sample. I always interpreted that the statistic is also about the numbers and it would be difficult to evaluate how to examine with the correct correlation. But after going through the module 1 I was able to relate and also determine the correlation to the value of a population parameter. Such as there would be in connection to the selected a random sample with the help with the given 100 students from a school along with the 1000 students (McCullagh, 2018). TO find out the average height with the given sampled students is one of the examples I found out.
Question 3: Describing specific reasons related to the current or previous topics of random sampling, central tendency, and misrepresentation.
Answer: I really enjoyed the class, initially, I was in a conflicting situation and didn't understand the numbers and how it would be interpreted. But with the help of my teacher and the modules chosen (Fan, 2018), it has really helped me to interpret and examines the situation with the given relations I am now more confident and to evaluate the real-life situations that can be examined in the given.
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