Which statement below is incorrect?

An adjusted trial balance proves the mathematical equality of debits and credits in the ledger.

An adjusted trial balance can be used to prepare financial statements.

An adjusted trial balance is prepared after the financial statements are completed.

An adjusted trial balance should show ledger account balances.

Which of the following are consequences of money laundering? 1. Can cause predictable changes in money demand I1. Can pose risk to the soundness of financial institutions Ill. Can contaminate legal financial transactions IV. Can increase the volatility of exchange rates due to unanticipated cross-border transfers O II, Ill and IV only O I, II and Ill only O I, II and IV only O 1, 11, Ill, and IV O I, Ill and IV only2. Given the mathematical model @ - (u + 2)+ + (2/ + 5)x =0 (a) Find the values of the parameter / for which the system is i. Stable ii. Neutrally Stable iii. Unstable (b) For the stable case, what the values of the parameter p causes the system to be i. Overdamped ii. UnderdampedWhich of the following was NOT contributing factors to the financial crisis of 2007- 2009 i. Low interest rates. ii. Excessive risk-taking in financial institutions. iii. New financial instruments that offered higher returns and higher risk. iv. High housing price index. v. Over-optimistic ratings by the credit rating agencies. vi. The increasing complexity and inter-connectivity of financial instruments vii. Easy availability of mortgages vili. Mortgages being sold on by their originating organization and not being kept on its books as an asset/liability Oi, ii, v Oi, ii, iv Oii, iv, vi Ov, vi, viiProve by mathematical induction 3. Fern = 0,1,2,3,4, ..... 1 p(H) : l+5+52+53+.....+5" = #. i. Basic Step: ii. Inductive Step: I). Fern = 18,19,20,... PUP?) : 11 is a sum Uf7's and 4's. i. Basic Step: ii. Inductive Step: Show: For H = 18,19,20,... p(n) > p(n +1)