What is the most accurate statement about correlations?
A) Apparent correlations between two or more variables can stimulate investigation and present possible solutions to be explored.
B) Correlations prove cause-and-effect relationships.
C) Correlations are not useful as statistical analysis tools.
D) All of these choices
A
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Briefly describe a process that accountants can use to assist clients in moving from one QuickBooks Desktop version to the new version with minimal disruption to accountant and client business processes.
What will be an ideal response?
Prospecting via the ________ method involves finding and cultivating people in a community who are willing to help a salesperson find prospects.
A. endless chain B. public exhibition C. group D. cold canvas E. center of influence
Tom and Zorah are having a discussion about the representation of minorities in the workforce. Tom thinks that, in general, all minority groups are equally represented, but Zorah corrects him. What does Zorah point out to Tom?
A. The percentage of minority employees peaked in the early 2000s and has plateaued since then. B. The workforce is still much more dominated by men than by women. C. While minorities are better represented, Asians still only make up about 5 percent of the workforce. D. The percentage of minority employees peaked a few years ago and is now declining. E. Representation is about the same as it was in the 1970s and 1980s.
Empirical evidence indicates that for distressed firms, higher pre-distress leverage increases the probability of operational actions (e.g., asset restructuring and employee layoffs) and financial actions (e.g., dividend cuts)
This evidence is consistent with the: a. disciplinary role of debt. b. wasteful cuts hypothesis. c. managerial discretion hypothesis. d. leverage aggressiveness hypothesis.