A. Selected financial data (SFO) are not a required part of the basic financial statements and are the responsibility of management. b. If the auditor is engaged to report on SFO, his or her report should be limited to data that are derived from audited financial statements.
A electricity generator is like the reverse of an electric motor ..where the generator produces electricity, a motor uses it. A 'Genset' is a combined unit consisting of a generator and a driver. A small unit will probably have a diesel or gasoline driver (engine) connected directly to the generator in a compact unit. A fuel tank will be included. In large industrial models, the unit is mounted on a 'skid' which can be moved if required.
âa collection of data records for computer processingâ Which is pretty vague. Wikipedia has a definition which derives from the terms use in a mainframe environment: âA dataset (or data set) is a collection of data, usually presented in tabular form. Each column represents a particular variable. Each row corresponds to a given member of the dataset in question. It lists values for each of the variables, such as height and weight of an object. Each value is known as a datum.