An untrue statement of fact and not opinion

Created by

Joel Kwayie

Cards (3)

Opinion which is genuinely believed by the party making it cannot be misrepresented even if that opinion is incorrect
The statement must not contradict other facts known by the party giving the opinion
It is more likely to be an opinion if the giver is not better informed than the receiver

See similar decks

6.1 Income statement preparation
AQA A-Level Accounting > 6. Preparation of financial statements of sole traders
59 cards
3.2 Financial Statements
OCR A-Level Business > 3. Accounting and Finance
56 cards
4.5 Evaluating Public Opinion Data
AP United States Government and Politics > Unit 4: American Political Ideologies and Beliefs
39 cards
4.4 Measuring Public Opinion
AP United States Government and Politics > Unit 4: American Political Ideologies and Beliefs
49 cards
6.2 Statement of financial position
AQA A-Level Accounting > 6. Preparation of financial statements of sole traders
74 cards
Purpose of financial statements:
AQA GCSE Business Studies > Finance > 6.4 Analysing the financial performance of a business
46 cards
Components of a statement of financial position:
AQA GCSE Business > 6. Finance > 6.4 Analysing the financial performance of a business
38 cards
Interpreting financial statements
Edexcel GCSE Business Studies > 2.4 Making Financial Decisions > 2.4.2 Understanding business performance
35 cards
Components of an income statement:
AQA GCSE Business Studies > Finance > 6.4 Analysing the financial performance of a business
60 cards
3.5.1 Interpretation of Financial Statements
Edexcel A-Level Business > Theme 3: Business Decisions and Strategy > 3.5 Assessing Competitiveness
27 cards
17.1 Financial statement analysis
AQA A-Level Accounting > 17. Interpretation, analysis, and communication of accounting information
50 cards
Components of an income statement:
AQA GCSE Business > 6. Finance > 6.4 Analysing the financial performance of a business
66 cards
6.1.1 Positive and Normative Statements
Edexcel GCSE Economics > 6. Economic Methodology and the Economic Problem > 6.1 Economic Methodology
36 cards
Components of a statement of financial position:
AQA GCSE Business Studies > Finance > 6.4 Analysing the financial performance of a business
101 cards
8.2 Interpretation of financial statements
AQA A-Level Accounting > 8. Analysis and evaluation of financial information
65 cards
3.2 if Statements and Control Flow
AP Computer Science A > Unit 3: Boolean Expressions and if Statements
79 cards
7.2 Financial statements of limited companies
AQA A-Level Accounting > 7. Limited company accounts
116 cards
1.1.2 Positive and normative economic statements
Edexcel A-Level Economics > Theme 1: Introduction to markets and market failure > 1.1 Nature of economics
65 cards
2.1 Financial Statements of Limited Companies
Edexcel A-Level Accounting > 2. Corporate and Management Accounting
72 cards
3.2.8.2 The Nature of Social Facts
AQA A-Level Sociology > Unit 3: Crime and Deviance with Theory and Methods > 3.2 Theory and Methods > 3.2.8 Sociology and Science
46 cards
Limitations of financial statements:
AQA GCSE Business > 6. Finance > 6.4 Analysing the financial performance of a business
45 cards

An untrue statement of fact and not opinion

Cards (3)

6.1 Income statement preparation

3.2 Financial Statements

4.5 Evaluating Public Opinion Data

4.4 Measuring Public Opinion

6.2 Statement of financial position

Purpose of financial statements:

Components of a statement of financial position:

Interpreting financial statements

Components of an income statement:

3.5.1 Interpretation of Financial Statements

17.1 Financial statement analysis

Components of an income statement:

6.1.1 Positive and Normative Statements

Components of a statement of financial position:

8.2 Interpretation of financial statements

3.2 if Statements and Control Flow

7.2 Financial statements of limited companies

1.1.2 Positive and normative economic statements

2.1 Financial Statements of Limited Companies

3.2.8.2 The Nature of Social Facts

Limitations of financial statements: