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What certified or guarantee that the financial statements are correct?

Once an auditor has reviewed the details of a financial statement following GAAP guidelines and is confident the numbers are accurate, they certify the do...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Is cash flow negative or positive?

Positive cash flow is the receipt of more cash than was paid out; negative cash flow results from paying out more cash than receiving. Positive cash flow ...

How many atoms are there in 1g of Au?

Answer: Atomic weight of the Gold (Au) is = 196.97 (197g apprx.) That means 6.022X10^23 atoms weigh 196.97 g. How do you calculate atoms in Au? To calcula...

How do you make 9ct gold?

9ct Gold contains 37.5% pure Gold mixed with 62.5% of differing metals. Jewellery made of 9ct Gold will have 375 stamped on it referring to the 37.5% pure...

Does German silver contains any silver in it?

Nickel silver is also known as German silver because nickel silver has a silvery appearance and does not contain any amount of silver in it. It is general...

What is the difference between ore and iron?

Though iron is found abundantly, it is not found independently. It is found in the form of its oxides in the underground rocks, these are called as iron o...

How many electrons and protons are in gold?

Gold, on the other hand, has an atomic number of 79, which means that an atom of gold has 79 protons, and, if it’s neutral, 79 electrons as well. How many...

How much do gold nuggets weigh?

The smallest nuggets, called screen gold, weigh less than half a pennyweight, or three-quarters of a gram. Gold is measured using troy weights (as opposed...

Is revenue a operating activity?

Operating activities are the daily activities of a company involved in producing and selling its product, generating revenues, as well as general administ...

How do you know if something is made of copper?

The Sound Test “Strike your copper item against something and listen to the sound,” says Martin. Real copper is a soft metal and should deliver a deep and...