Which of the following is true of a sharing economy?
A. Consumers participate in boarding asset.
B. Consumers temporarily share their assets with other consumers via lending.
C. Businesses and consumers share the costs of an asset.
D. Businesses lend their assets to facilitate a gig economy.
E. Consumers share their assets by leaving them at a business location.
Answer: B
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In the substantive audit procedures for payroll where the control risk is set at low, an auditor most likely would:
A. trace individual employee deductions to entity journal entries. B. compare payroll costs with entity standards or budgets. C. observe entity employees during a payroll distribution. D. verify that checks representing unclaimed wages are mailed.
Assume you run a correlation analysis and your XL Data Analyst informs you that you have a significant relationship. What can you use to determine how strong the relationship is?
A) the strength coefficient, which ranges from 1 to 10, with 10 being the strongest B) the strength coefficient, which ranges from 1 to 5, with 5 being the strongest C) the size of the correlation coefficient D) the size of the beta E) none of the above; correlation is not measured in terms of strength
A _______ balances supply and demand for a given offering
a. service recovery system b. market-clearing price c. commitment d. coordination
One of the main differences between a nested table and a VARRAY is that a nested table has a set size upon creation.
Answer the following statement true (T) or false (F)