Which of the following in the most complete definition of a Matosas Matrix?
a. The Matosas Matrix is a table of data useful during audits.
b. The Matosas Matrix is a compromise between prior and real-time data.
c. The Matosas Matrix is a high-level chart that lists a specific group of items (i.e., contracts) with their demographics over a specific period of time..
d. The Matosas Matrix is a high-level chart listing possible fraud indicators related to a group of items (i.e., contracts) for a specific period of time.
d
FEEDBACK: a. Incorrect
b. Incorrect
c. Incorrect
d. Correct
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Which of the following illustrates Emerson's observation that "to be understood is a rare luxury"?
A) The phrase "public safety" is clearly understood, because everyone knows the meaning of both words. B) The phrase "public safety" is rarely used, because the concept of security is an ethical norm. C) The phrase "public safety" represents an ethical norm that is a rare luxury, because the public rarely feels safe. D) The phrase "public safety" seems clear at first glance, but on pondering its various interpretations, one realizes that it is not so clear.
Which of the following statements about information on the Internet is not accurate?
A) Anyone can put anything on a website. B) No central group is responsible for checking the accuracy of posted information. C) Users need to scrutinize Web-based data more carefully than published, peer-reviewed data. D) Web-based sources get more oversight, making them more credible.. E) The quality of information on the Internet can vary widely.
In a consolidation, two or more corporations combine so that each corporation continues to exist.
Answer the following statement true (T) or false (F)
If investors ________, we would assume that do not make systematic mistakes when forecasting exchange rates
A) have rational expectations B) have complete knowledge of all possible bid and ask quotes C) know that interest rate differentials provide information about the intensity of devaluations D) anticipate events that occur