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What is statement of opinion?

Updated: 9/24/2023
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Q: What is statement of opinion?
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What statement is a fact?

For a phrase to be a statement it needs to be true or false by all readers. 'The painting is beautiful' is an opinion and not a statement. For a statement to be considered a fact it must be true. 2+3 = 6 is a statement but not a fact. When you get applying this to real world situations this can be tricky. It is not a fact that smoking will give you cancer (since you may smoke and not get it) but it is a fact that the surgeon general says that smoking increases your risk in getting cancer.


Is income statement same as financial statement?

no. income statement is a only a statement in financial statements.


Is the Bank Reconciliation statement a part of financial statement?

Bank reconciliation statement is not part of financial statement it is the helping statement to tally bank account with balance in banks statement.


What is the responsibility of independent auditors?

The primary objective of independent auditors are rendering opinion report on the financial statement that is the responsibility of client management. The main reason auditors need to be independent are to provide credentional for the client prepared financial statements. Therefore, the users (Bankers, Investers and third party) of the financial statement can have unbiased information about the client financial Statements.


What are the different accounting reports?

-statement of financial position, -statement of profit and loss and other comprehensive income, statement of cash flows, -statement of change in equity, -Notes to the account

Related questions

What is a conflict statement?

A statement which has an opposite opinion to a theory


What is a statement called that tells what a person thinks or believes?

A statement that tells what a person thinks or believes is called an opinion, sometimes known as a belief.it is known as a belief


What are the 3 elements of speech?

The three elements of speech are articulation (the formation of clear and distinct sounds), voice (the tone and pitch of the speaker), and fluency (the smoothness and flow of speech). These elements work together to convey meaning effectively.


What is a math statement?

A statement that can be proven true or false. Not a question, not a command, and not an opinion.


What is a bold statement?

When you "make a bold statement", you express an opinion in a brave way.


What are synonyms of dictum?

Statement, announcement, opinion.


Words is the best clue that a statement is an opinion?

It is


What is a statement that reflects a writer's feelings?

An opinion.


What statement best describe opinion leaders?

A statement that best describes opinion leaders is they stand for what they believe. In addition, they tend to affect public opinion more than leaders that aren't opinionated.


What are the words that hint a statement is an opinion?

Comparatives such as "better" or "best" can indicate a subjective statement.


What do you call a statement that tells what a person thinks or believe?

An opinion


Define expert opinion?

Expert opinion can be defined as the statement from a specialist on a specific subject.