Why is data quality important?
What will be an ideal response?
Data quality is important to minimize IT project risk, since dirty data can cause delays and extra work. It is also important for making timely business decisions. One especially important point is the confidence that managers have in their data before making a decision. Regulatory compliance is also something else to consider when talking about data quality. In addition, accurate data makes it easier to expand the customer base.
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Cash paid for equipment would be reported on the statement of cash flows in
a. the cash flows from operating activities section b. the cash flows from financing activities section c. the cash flows from investing activities section d. a separate schedule
Economically rational buyers and sellers use their assessment of an asset's risk and return to determine its value. Relative to this concept, which of the following is true?
A) To a buyer the asset's value represents the minimum price that he or she would pay. B) To a seller the asset's value represents the maximum sale price. C) To a buyer the asset's value represents the maximum price that he or she would pay. D) The interaction of buyers and sellers can result in a value that differs from the price of the asset.
Anaida is an entrepreneur who believes in providing equal opportunity to people regardless of their age, gender, race, or religion. She is open-minded and detests the idea of taking advantage of others. In the context of universal ethical standards, Anaida most likely possesses the core value of _____.
A. frugality B. fairness C. citizenship D. responsibility
Which of the following statements is CORRECT?
A. If a firm has the highest price/earnings ratio of any firm in its industry, then, other things held constant, this suggests that the board of directors should fire the president. B. If a firm has the highest market/book ratio of any firm in its industry, then, other things held constant, this suggests that the board of directors should fire the president. C. Other things held constant, the higher a firm's expected future growth rate, the lower its P/E ratio is likely to be. D. The higher the market/book ratio, then, other things held constant, the higher one would expect to find the Market Value Added (MVA). E. If a firm has a history of high Economic Value Added (EVA) numbers each year, and if investors expect this situation to continue, then its market/book ratio and MVA are both likely to be below average.