When we calculate reliability, we know the observed score. What are the two unknown components of the reliability equation?
a.Method and error scores
b.Means and standard deviations
c.Test–retest and interrater scores
d.True and error scores
ANS:D
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In which of the following situations would a CPA be considered independent?
a. A CPA's brother is the Vice-President of Sales at the CPA's audit client. b. A CPA's father was a salesman at the CPA's audit client and now a major portion of the father's pension fund is invested in the audit client. c. A CPA's cousin works as a web-site designer at the audit client. d. A CPA's son works summers at the audit client and has earned 10 shares of stock in the audit client.
Which of the following is likely to cause an act to have high moral intensity to a person?
a. The outcome of the act is highly unpredictable. b. The act will not affect others to a very serious degree. c. The morality of the act is likely to illicit many varying opinions from those witnessing it. d. The act is going to cause someone harm within just a few minutes.
The word "tort" means
A) criminal B) contractual C) wrong D) together E) malicious
Operating leverage is easier to control and manage than financial leverage because operating
leverage deals with the internal workings of the company while financing deals with outside parties. Indicate whether the statement is true or false