The best definition for reliability is
a. a measure of the degree to which data measures what you intend for it to measure.
b. a measure of the accuracy and repeatability of the data.
c. a measure of the relationship between two variables.
d. none of the above
B
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Which of the following represents a permanent difference?
a. Point-of-sale revenue recognition for financial reporting purposes, installment method for tax purposes b. Goodwill amortization deducted on the tax return but not amortized for financial reporting purposes c. Straight-line depreciation for financial reporting purposes, accelerated depreciation for tax purposes d. Carryback, carryforward option for taxes, no such option for financial reporting purposes
The rate at which _____ turn(s) over measures how quickly a firm collects cash
a. accounts receivable b. assets turnover c. inventory d. accounts payable e. notes receivable
Hearsay is admissible as long as the truth of the statement can be determined
a. True b. False
A value stream map provides a ______ view of the process.
a. static b. dynamic c. irregular d. active