Question 7 (4 points) In financial reporting, many amounts presented in the financial statements reflect the results of transactions in the future. This requires estimates of those future events to complete the financial statements. What would NOT be an example of this kind of estimate? How much of the long-term assets have been used up in the operation of the business Amounts to be paid by customers for purchases of inventory Amounts to be settled in court because of lawsuits against the company The amount of each paycheck for the employees of the business Question 8 (4 points) Saved Which component of internal control can also be described as the "tone at the top or behavior of senior 69%) o BI 39 69%