Data can be illustrated and summarized through the use of infographics
Indicate whether the statement is true or false.
Answer: True
Explanation: Organizations that want to make their reports even more visually appealing may choose to summarize and illustrate their data in the form of an infographic, a stand-alone visual display that typically combines multiple representations of data to provide a complete picture.
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If the indirect method is used, which of the following is a proper adjustment to net income to arrive at net cash flows from operating activities?
A) deducting a decrease in Prepaid Expenses. B) deducting an increase in Salaries Payable. C) adding an increase in Accounts Receivable. D) adding a decrease in Inventory.
Durant obtains a life insurance policy with no cash surrender value or cash value, and names his daughterElise as the beneficiary. This is
a. limited-payment life insurance. b. term insurance. c. universal insurance. d. whole life insurance.
Which of the following statements is CORRECT?
A. A graph of the SML as applied to individual stocks would show required rates of return on the vertical axis and standard deviations of returns on the horizontal axis. B. The CAPM has been thoroughly tested, and the theory has been confirmed beyond any reasonable doubt. C. If two "normal" or "typical" stocks were combined to form a 2-stock portfolio, the portfolio's expected return would be a weighted average of the stocks' expected returns, but the portfolio's standard deviation would probably be greater than the average of the stocks' standard deviations. D. If investors become more risk averse, then (1) the slope of the SML would increase and (2) the required rate of return on low-beta stocks would increase by more than the required return on high-beta stocks. E. An increase in expected inflation, combined with a constant real risk-free rate and a constant market risk premium, would lead to identical increases in the required returns on a riskless asset and on an average stock, other things held constant.
Internal controls that should be applied when a business takes a physical count of inventory should include all of the following except:
A) Prenumbered inventory tickets. B) A manager confirms that all inventories are ticketed only once. C) Counters confirm the validity of inventory existence, amounts, and quality. D) Second counts by a different counter. E) Counters of inventory should be those who are responsible for the inventory.