When testing a hypothesis, if the computed value is 39.7 and the critical z is 1.96, then:
A) the hypothesis is not supported
B) the hypothesis is supported
C) the critical z value needs to be changed
D) a major assumption has been violated
E) no statement can be made about the hypothesis based on this information
A
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An auditor most likely would assess control risk at high if the payroll department supervisor is responsible for:
A. authorizing payroll rate changes for all employees. B. comparing payroll registers with original batch transmittal data. C. examining authorization forms for new employees. D. hiring all subordinate payroll department employees.
The uniform probability distribution is used with
A. a continuous random variable. B. a discrete random variable. C. a normally distributed random variable. D. any random variable, as long as it is not nominal.
The most serious weakness is asking for action too quickly and providing no incentive for action
Indicate whether the statement is true or false
Which of the following is true of the price-fixing clause?
A. It is a provision forbidding a licensee from competing with the licensor. B. It specifies only the minimum prices. C. It forbids a licensee from entering into agreements to acquire or distribute technologies or products that compete with ones furnished or designated by the licensor. D. It requires a licensee to sell products at a price specified by the licensor.