Answer the following statements true (T) or false (F)
1. Most frauds are committed by people below the top executive levels.
2. An F-Score can predict 60% of misstatements in financial statements that eventually
come to light as restatements.
3. Misstating financial information in one period to prevent a loan being called for violating
debt to equity covenants is okay as long as the violation is reversed in the next period.
4. Knowledge of the characteristics of SIN numbers can be useful to auditors when
checking personnel files and the validity of people on the payroll.
1. TRUE
2. TRUE
3. FALSE
4. TRUE
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Rivalry is intense in nations with conditions of ________ consumer demand, ________ supplier bases, and ________ new entrant potential from related industries.
A. strong; strong; high B. weak; weak; high C. strong; strong; low D. weak; weak; low
Service level is:
A) the probability of stocking out. B) the probability of not stocking out. C) something that should be minimized in retail. D) calculated as the cost of a shortage divided by (the cost of shortage + the cost of overage) for single-period models. E) B and D
An appropriate datatype for adding a sound clip would be:
A) VarChar. B) Char. C) Blob. D) Date.
The center line for the np-chart is the average number of nonconforming items per sample
a. True b. False Indicate whether the statement is true or false