A bar chart uses rectangular bars to display data values. The statement below that is true is: ____.
A. A longer bar means a greater value
B. A smaller bar means a greater value
C. The size of the bar does not correspond to the value
D. None of the above
Answer: A
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Methods used for collecting data about people include
A) search engines. B) RFIDs. C) site transaction logs. D) all of the above.
A deposition is sworn testimony of a party or witness taken by a court reporter
Indicate whether the statement is true or false.
Suppose United Bank offers to lend you $10,000 for one year at a nominal annual rate of 8.00%, but you must make interest payments at the end of each quarter and then pay off the $10,000 principal amount at the end of the year. What is the effective annual rate on the loan?
A. 8.24% B. 8.45% C. 8.66% D. 8.88% E. 9.10%
Professional auditing standards outline the auditor’s consideration of material misstatements due to errors and fraud. (a) What responsibility does an auditor have to detect material misstatements due to errors and fraud? (b) What two main categories of fraud affect financial reporting? (c) What types of factors should auditors consider when assessing the likelihood of material misstatements
due to fraud? (d) Which factors existed during the 1995 through 1997 audits of CUC that created an environment conducive for fraud? What will be an ideal response?