DFD guideline______________________________states: For now, include only normal processing routines on context diagrams, physical DFDs, and level 0 logical DFDs.
Fill in the blank(s) with the appropriate word(s).
two
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A ______ is a standing plan that designates specific required action.
A. procedure B. industry standard C. rule D. policy E. certified procedure
Management must be able to identify revenues and expenses that are out of line so that operations can be controlled
Indicate whether the statement is true or false
Directional testing is important to an auditor because of which of the following factors?
a. Certain accounts are more prone to be misstated by overstatement than others. b. The auditor must remain organized when conducting an audit. c. The primary concern of the auditor is the understatement of asset and revenue accounts. d. It tests for existence and completeness simultaneously.
Create a user-defined function to calculate the standard deviation of a two-security portfolio using equation (14-6) on page 431. Use the following data to test your function:
a) Write the function to accept five arguments: the weight of the first and the second security, the correlation coefficient between them, and the standard deviation of each one of them. Call this function TwoSecurityStdDevA.
b) Rewrite your function so that it makes use of Application.WorksheetFunction to calculate the standard deviation of each security and the correlation coefficient between them.