Which forecasting methods are the simplest to implement and can serve as a good starting point for a demand forecast?

A) Qualitative forecasting methods
B) Time series forecasting methods
C) Causal forecasting methods
D) Simulation forecasting methods


Answer: B

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Which of the following is not a factor adding to the complexity of materiality judgments made by auditors?

a. Regulators pay particular attention to the judgmental aspects of auditor materiality decisions. b. SEC regulators do not believe it is appropriate to use percentage terms to substitute for a full analysis of all relevant considerations regarding the magnitude of misstatement. c. Regulators focus on how materiality decisions can affect client financial results. d. SEC regulators have few requirements for auditors to comply with since the AICPA fills that role.

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Answer the following statements true (T) or false (F)

1. CAE is part of CAD. 2. Myanmar is a significant recipient of outsourcing of manufacturing by industrialized countries. 3. Offshoring results in expedited lead times. 4. The service system design matrix establishes a relationship between three factors of service. One of these factors is the durability of the products used in the system. 5. Veterans Administration Act is an example of a government regulatory act.

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Slack is the amount of time an activity can be delayed without delaying the project

Indicate whether this statement is true or false.

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If two firms have the same current dividend and the same expected growth rate, their stocks must

sell at the same current price or else the market will not be in equilibrium. A) false, because the required return could be different B) true, because we are using a dividend valuation model C) true, if markets are semi-strong form efficient D) true, if investors are risk-averse

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