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Praktische economie / module 6 havo bovenbouw

Praktische economie / module 6 havo bovenbouw

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MRL2601 - Entrepreneurial Law Full Study Pack
This pack contains all you need for this module, exam revision notes, and detailed notes.
• Revision Notes
• Learning Unit 1: Legal personality and lifting of the veil
...

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MRL2601 - Entrepreneurial Law Full Study Pack
This pack contains all you need for this module, exam revision notes, and detailed notes.
• Revision Notes
• Learning Unit 1: Legal personality and lifting of the veil
• Study Unit 4: Company formation
• Learning Unit 4: Pre-incorporation contracts
• Study Unit 5: Pre-incorporation contracts
• Study Unit 6: Registration of company names
• Study unit 7: Capacity and representation of a company
• Study Unit 9: SHAREHOLDERS
• Study Unit 10: Directors and board committees
• Study Unit 12: The company secretary
• StudyUnit13: REMEDIES AND ENFORCEMENT
• Study Unit 16: CLOSE CORPORATIONS

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Vrije Universiteit Amsterdam > International Business Administration > Business Research Methods (2e jaar)

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BRM II: Article summary Module 6-10 [EXAM 2]
This document includes summary of all the articles discussed in the course Business Research Method II: Qualitative Research. Since the exam is partially focused on an in-dept...

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BRM II: Article summary Module 6-10 [EXAM 2]
This document includes summary of all the articles discussed in the course Business Research Method II: Qualitative Research. Since the exam is partially focused on an in-depth analysis of the articles, this summary would be a great help in preparing and passing the exam.

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Saintleo COM546 All Exams 2019 > Saintleo COM546 All Exams 2019 > Saintleo COM546 All Exams 2019 (Anders)

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Saintleo COM546 All Exams 2019 (Module 4 Exam 2, Module 6 Exam 3, Module 8 Exam 4)
Saintleo COM546 All Exams 2019 (Module 4 Exam 2, Module 6 Exam 3, Module 8 Exam 4)

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Saintleo COM546 All Exams 2019 (Module 4 Exam 2, Module 6 Exam 3, Module 8 Exam 4)
Saintleo COM546 All Exams 2019 (Module 4 Exam 2, Module 6 Exam 3, Module 8 Exam 4)

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Febelfin > Geen > Module 6: Ziekteverzekering (Anders)

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Module 6: Ziekteverzekering
Dit is een samenvatting van Module 6 (Ziekteverzekering) dat leerstof is voor het verplichte examen van Febelfin (vroeger MIFID). De zaken die het vaakst gevraagd worden in de...

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Module 6: Ziekteverzekering
Dit is een samenvatting van Module 6 (Ziekteverzekering) dat leerstof is voor het verplichte examen van Febelfin (vroeger MIFID). De zaken die het vaakst gevraagd worden in de examens worden extra benadrukt.

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St. Petersburg College - Stat 2023 Module 6 Quiz > St. Petersburg College - Stat 2023 Module 6 Quiz > St. Petersburg College - Stat 2023 Module 6 Quiz (Anders)

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St. Petersburg College - Stat 2023 Module 6 Quiz
Question 1 1 / 1 point
State the null hypothesis.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the wee...

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St. Petersburg College - Stat 2023 Module 6 Quiz
Question 1 1 / 1 point
State the null hypothesis.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Question 2 1 / 1 point
State the alternative hypothesis.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Question 3 1 / 1 point
Determine the degrees of freedom.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and determine how many degrees of freedom the 2
test statistic will have.
Question 4 1 / 1 point
Determine the critical value.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and determine the critical value for the test.
Question 5 1 / 1 point
Determine the expected count under the null hypothesis.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and determine the expected number of customers served each day under the null hypothesis.
Question 6 1 / 1 point
Calculate the test statistic ?2
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and calculate the test statistic 2
Question 7 1 / 1 point
State your decision regarding the null hypothesis.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and state your decision regarding the null hypothesis.
Question 8 1 / 1 point
State your conclusion to the hypothesis test.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and state your conclusion to the test.
Note: the p-value = 0.01
Question 9 1 / 1 point
State the null hypothesis.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data.Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
State the Null Hypothesis.
Question 10 1 / 1 point
State the alternative hypothesis.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
State the alternative hypothesis.
Question 11 1 / 1 point
Determine the degrees of freedom.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and determine how many degrees of freedom?
Question 12 1 / 1 point
Determine the critical value.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and determine the critical value for the test.
Question 13 1 / 1 point
Find the expected count under the null hypothesis.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and find the expected number of 24-29 year-olds who prefer comedies under the null hypothesis.
Question 14 1 / 1 point
Find the test statistic 2
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and find the test statistic 2
Question 15 1 / 1 point
State your decision regarding the null hypothesis.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and state your decision regarding the null hypothesis.
Note: the p-value = 0.4594
Question 16 1 / 1 point
State your conclusion to the hypothesis test.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and state your conclusion to the test.
Note: the p-value = 0.4594
Cannot be determined.
Question 17 1 / 1 point
State the null and alternative hypotheses.
It has been rumored that the color distribution of M&M’s is 30% brown, 20% yellow, 20% red, 10% orange, 10% blue, and 10% green. You are suspect of this rumor and decide to count the number of each color contained in a randomly chosen bag to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Brown Yellow Red Orange Blue Green Total
Number Observed 27 16 21 12 9 15 100
State the null and alternative hypotheses.
Question 18 1 / 1 point
Determine the critical value.
It has been rumored that the color distribution of M&M’s is 30% brown, 20% yellow, 20% red, 10% orange, 10% blue, and 10% green. You are suspect of this rumor and decide to count the number of each color contained in a randomly chosen bag to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Brown Yellow Red Orange Blue Green Total
Number Observed 27 16 21 12 9 15 100
Assume the assumptions of the test are satisfied and determine the critical value for the test.
Question 19 1 / 1 point
Determine the expected count under the null hypothesis.
It has been rumored that the color distribution of M&M’s is 30% brown, 20% yellow, 20% red, 10% orange, 10% blue, and 10% green. You are suspect of this rumor and decide to count the number of each color contained in a randomly chosen bag to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Brown Yellow Red Orange Blue Green Total
Number Observed 27 16 21 12 9 15 100
Assume the assumptions of the test are satisfied and determine the expected number of yellow M&M's in the bag under the null hypothesis.
Question 20 1 / 1 point
Calculate the test statistic 2
It has been rumored that the color distribution of M&M’s is 30% brown, 20% yellow, 20% red, 10% orange, 10% blue, and 10% green. You are suspect of this rumor and decide to count the number of each color contained in a randomly chosen bag to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Brown Yellow Red Orange Blue Green Total
Number Observed 27 16 21 12 9 15 100
Assume the assumptions of the test are satisfied and calculate the test statistic 2
Question 21 0 / 1 point
State your decision regarding the null hypothesis.
It has been rumored that the color distribution of M&M’s is 30% brown, 20% yellow, 20% red, 10% orange, 10% blue, and 10% green. You are suspect of this rumor and decide to count the number of each color contained in a randomly chosen bag to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Brown Yellow Red Orange Blue Green Total
Number Observed 27 16 21 12 9 15 100
Assume the assumptions of the test are satisfied and state your decision regarding the null hypothesis.
Question 22 1 / 1 point
State the null and alternative hypotheses.
A study was conducted to determine if there is a relationship between fan preference of instant replay use and the sport in which it is applied. The category counts of 102 fans are provided in the two-way table below. Use a Chi-Square independence test to determine if fan preference of instant replay use and the sport in which it is used are independent at the 5% level of significance.
Favor Oppose Total s
Football 19 5 24
Baseball 18 6 24
Basketball 15 26 41
Soccer 5 8 13
Totals 57 45 102
State the Null and Alternative Hypotheses.
Question 23 1 / 1 point
Determine the critical value.
A study was conducted to determine if there is a relationship between fan preference of instant replay use and the sport in which it is applied. The category counts of 102 fans are provided in the two-way table below. Use a Chi-Square independence test to determine if fan preference of instant replay use and the sport in which it is used are independent at the 5% level of significance.
Favor Oppose Total s
Football 19 5 24
Baseball 18 6 24
Basketball 15 26 41
Soccer 5 8 13
Totals 57 45 102
Assume the assumptions of the test are satisfied and determine the critical value for the test.
Question 24 0 / 1 point
Find the expected count under the null hypothesis.
A study was conducted to determine if there is a relationship between fan preference of instant replay use and the sport in which it is used. The category counts of 102 fans are provided in the two-way table below. Use a Chi-Square independence test to determine if fan preference of instant replay use and the sport in which it is applied are independent at the 5% level of significance.
Favor Oppose Total s
Football 19 5 24
Baseball 18 6 24
Basketball 15 26 41
Soccer 5 8 13
Totals 57 45 102
Assume the assumptions of the test are satisfied and find the expected number who would oppose the use of instant replay in baseball under the null hypothesis.
Question 25 0 / 1 point
State your conclusion to the hypothesis test.
A study was conducted to determine if there is a relationship between fan preference of instant replay use and the sport in which it is used. The category counts of 102 fans are provided in the two-way table below. Use a Chi-Square independence test to determine if fan preference of instant replay use and the sport in which it is applied are independent at the 5% level of significance.
Favor Oppose Total s
Football 19 5 24
Baseball 18 6 24
Basketball 15 26 41
Soccer 5 8 13
Totals 57 45 102
Assume the assumptions of the test are satisfied and state your conclusion to the test.
Note: the test statistic is 16.629

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Pius X College locatie Aalderinkshoek (Almelo) > VWO > Economie (2e jaar)

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VWO Economie Module 6: risico en rendement
Dit document bevat een samenvatting van module 6 op VWO niveau.

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VWO Economie Module 6: risico en rendement
Dit document bevat een samenvatting van module 6 op VWO niveau.

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Willem van Oranje College Csg. > Havo > M&O (5e jaar)

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Management en Organisatie Samenvatting 200% M&O Module 6 tm 26.
Management en Organisatie Samenvatting 200% M&O Module 6 t/m 26.
Cursus 2 t/m 4

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Management en Organisatie Samenvatting 200% M&O Module 6 tm 26.
Management en Organisatie Samenvatting 200% M&O Module 6 t/m 26.
Cursus 2 t/m 4

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Saintleo COM546 Module 6 Exam 3 New 2019 > Saintleo COM546 Module 6 Exam 3 New 2019 > Saintleo COM546 Module 6 Exam 3 New 2019 (Anders)

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Saintleo COM546 Module 6 Exam 3 New 2019
Saintleo COM546 Module 6 Exam 3 New 2019

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Saintleo COM546 Module 6 Exam 3 New 2019
Saintleo COM546 Module 6 Exam 3 New 2019

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ACC505 Module 6 Quiz 5 2017 > ACC505 Module 6 Quiz 5 2017 > ACC505 Module 6 Quiz 5 2017 (Anders)

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ACC505 Module 6 Quiz 5 2017 (A Answer)
Question
Question 1
Under Sarbanes-Oxley, chief executive officers and chief financial officers are required to personally certify annual and quarterly SEC filings.Which of th...

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ACC505 Module 6 Quiz 5 2017 (A Answer)
Question
Question 1
Under Sarbanes-Oxley, chief executive officers and chief financial officers are required to personally certify annual and quarterly SEC filings.Which of the following is an item that they must certify in their reports?
All of the above.
They have disclosed to the audit committee any material control weakness.
The financial statements were prepared in conformity with GAAP.
The company's internal controls have prevented or detected all material instances of fraud during the last year.
Question 2
Walden Industries is being sued by a former employee for wrongful termination. It is probable that the company will lose the case and be ordered to pay the plaintiff a significant sum of money. If Walden fails to report this information somewhere in its financial statements, it is violating the GAAP concept of:
cost-benefit.
materiality.
full disclosure.
matching.
Question 3
Investigating registered public accounting firms and their employees, conducting disciplinary hearings, and imposing sanctions where justified are duties of which of the following bodies?
General Accounting Office's Oversight Board
AICPA's Accounting Standards Board
SEC's Subcommittee on Corporate Governance
Public Company Accounting Oversight Board
Question 4
Senior management is most likely to understate business performance in the financial statements for which of the following reasons?
To reduce the value of an owner-managed business for purposes of a divorce settlement
To increase the value of a corporate unit whose management is planning a buyout
To comply with loan covenants
To trigger performance-related compensation or earn-out payments
Question 5
Fraudulent manipulation of the going concern assumption usually results from an organization trying to conceal its terminal business situation.
True
False
Question 6
Which of the following is a duty of the Public Company Accounting Oversight Board?
Registering accounting firms that audit publicly traded companies
Establishing or adopting standards relating to audits of publicly traded companies
Enforcing compliance with professional standards and securities laws relating to public company audits
All of the above
Question 7
Intentionally reporting product sales in the financial statements for the period prior to when they actually occurred is a violation of which generally accepted accounting principle?
Periodicity
Historical cost
Matching
Revenue recognition
Question 8
When a fraudster feeds fictitious information into the accounting system in order to manipulate reported results, this is called:
going outside the accounting system.
beating the accounting system.
playing the accounting system.
boing around the accounting system.
Question 9
The Sarbanes-Oxley Act provides that members of the audit committee may receive compensation for consulting or advisory work only if approved by a majority of the board members.
True
False
Question 10
The term "financial statement" does not include a statement of cash receipts and disbursements, because this type of presentation violates the required use of accrual accounting under GAAP.
True
False
Question 11
According to COSO's study, Fraudulent Financial Reporting: 1998-2007, which of the following is the most likely to commit financial statement fraud?
Organized criminals
Lower-level employees
Mid-level employees
The chief executive officer and/or chief financial officer
Question 12
Which of the following is a reason that a chief executive officer might commit financial statement fraud?
To conceal the company's true performance
To receive or increase a performance bonus
To avoid termination due to poor performance
All of the above
Question 13
Which of the following is not one of the provisions established under the Sarbanes-Oxley Act?
Code of ethics for senior financial officers
Criminal penalties for altering documents
Management assessments of internal controls
The creation of the Public Accounting Standards Board
Question 14
A company's financial statements are the responsibility of:
the accounting department.
management.
the shareholders.
the independent auditors.
Subsection
Question 15
The preferred and easiest method of concealing liabilities and expenses is to simply fail to record them.
True
False
Question 16
Which of the following is a red flag associated with fictitious revenues?
An unusual decline in the number of days' purchases in accounts payable
Recurring losses while reporting increasing cash flows from operations
An unusual decrease in gross margin
Several unusual and highly complex sales transactions recorded close to the period end
Question 17
While conducting the annual audit of Bluebird Company's financial statements, Elsie Finnegan, CFE, CPA, came across some fishy findings. The company recorded several large and unusual sales at the end of the fiscal year to customers Elsie had never heard of. Further, all of these sales occurred within the company's specialty division, which had previously been in danger of closing due to recurring losses. Based on these findings, what type of financial statement fraud is likely occurring?
Expense omission
All of the above
Unrecorded warranties
Fictitious revenues
Question 18
Staff Accounting Bulletin Topic 13, "Revenue Recognition," indicates that revenue is considered realized or realizable and earned when four criteria are met. Which of the following is one of these criteria?
Collectability is reasonably assured.
Goods have been scheduled to be delivered or services have been scheduled to be rendered within the current fiscal period.
The seller has located alternate buyers.
All of the above.
Question 19
Capitalizing revenue-based expenses as depreciable assets will cause income to be ____________ in the current period and _______________ in future periods.
overstated; overstated
understated; overstated
understated; understated
overstated; understated
Question 20
Which of the following is not an example of financial statement fraud?
Deliberate omission of material disclosures
All of the above are examples of financial statement fraud
Falsification of material financial records, supporting documents, or business transactions
Unintentional misapplication of accounting principles
Question 21
Recurring attempts by management to justify marginal or inappropriate accounting treatments on the basis of materiality is a red flag associated with which type of financial statement fraud?
Improper disclosures
Fictitious revenues
None of the above
Concealed liabilities
Question 22
The civil and criminal protections for whistleblowers under Sarbanes-Oxley apply only to employees of publicly traded companies.
True
False
Question 23
Sharpe Medical Supply, Inc. has suffered a recent slow-down in sales and is in danger of showing a loss for the 20X1 fiscal year. To boost income, the sales manager encourages two of the company's largest customers to overbuy several slow-moving products at deep discounts. He also offers them extended payment terms, some of which delay payment until the end of 20X2. This is an example of what type of scheme?
Channel stuffing
Long-term contracts
Discount extension
Sales re-routing
Question 24
An organization that seeks to fraudulently minimize its net income due to tax considerations may do so by:
recording fictitious revenues.
omitting existing liabilities.
underestimating warranty repairs expense.
expensing capitalized expenditures.
Question 25
According to the 2012 Report to the Nations on Occupational Fraud and Abuse, the most common type of occupational fraud is financial statement fraud.
True
False
Question 26
Which of the following is a red flag associated with concealed liabilities and expenses?
An unusual increase in the number of days' purchases in accounts payable
An unusual change in the relationship between fixed assets and depreciation
Gross margin significantly lower than industry average
Significant reductions in accounts payable while competitors are stretching out payments to vendors
Question 27
An inability to generate cash flows from operations while reporting earnings and earnings growth is a red flag for which of the following financial statement fraud schemes?
Improper asset valuation
Fictitious revenues
Concealed liabilities and expenses
Subsection
All of the above
Question 28
In one of the cases in the textbook, Eddie Antar, the CEO of the Crazy Eddie electronic stores in the New Jersey area, took fraud to a higher level. The company started out as a small, family-owned business, but Eddie soon found that he could really clean up by taking his company public and making a fortune off the sale of stock. However, in order to sustain his financial success, he turned to cooking the books.Unfortunately for Eddie, his scheme eventually came to an end. What financial statement fraud scheme did Eddie commit?
Overstatement of inventory
Improper disclosures
Fictitious revenues
All of the above
Question 29
In one of the cases in the textbook, Eddie Antar, the CEO of the Crazy Eddie electronic stores in the New Jersey area, took fraud to a higher level. The company started out as a small, family-owned business, but Eddie soon found that he could really clean up by taking his company public and making a fortune off the sale of stock. However, in order to sustain his financial success, he turned to cooking the books.Unfortunately for Eddie, his scheme eventually came to an end. How was the fraud caught?
His ex-wife contacted the SEC.
The audit committee received an anonymous tip which led them to the fraud.
Eddie lost a proxy battle for ownership, and the company's new owners quickly discovered the fraud as they reviewed the books.
The auditors found that the inventory count had been changed.
Question 30
In one of the cases in the textbook, Michael Weinstein was the head of Coated Sales, Inc., a company that coated fabrics for use in producing things like parachutes, helmet liners, and camouflage suits. By engaging in financial shenanigans, Coated Sales moved to the top of its industry, but ultimately the good times turned into bad times, and the company declared bankruptcy. Which of the following was a red flag that a fraud was being perpetrated?
The bank account had been overdrawn on at least four occasions in one year.
A single check was used to pay off several different customer accounts.
The company kept changing auditors every other year.
The company experienced extremely rapid growth even while its competitors' growth was flat.
Question 31
In the vertical analysis of an income statement, _____________ is assigned 100 percent, with all other items expressed as a percentage thereof.
Net sales
Net income
Gross sales
Gross margin
Question 32
Promoting strong values, based on integrity, throughout the organization can help reduce financial statement fraud by addressing which side of the fraud triangle?
Pressure to commit fraud
Rationalization of fraud
Opportunity to commit fraud
Non-sharable financial needs
Question 33
In one of the cases in the textbook, Michael Weinstein was the head of Coated Sales, Inc., a company that coated fabrics for use in producing things like parachutes, helmet liners, and camouflage suits. By engaging in financial shenanigans, Coated Sales moved to the top of its industry, but ultimately the good times turned into bad times, and the company declared bankruptcy. What type of financial statement fraud was committed?
Fictitious assets
Concealed expenses
Improper disclosures
Fictitious sales
Question 34
Which of the following is a common target for improper asset valuation schemes?
Business combinations
Inventory valuation
Accounts receivable
All of the above
Question 35
The technique for analyzing the percentage change in individual financial statement items from one accounting period to the next is known as:
vertical analysis.
horizontal analysis.
correlation analysis.
ratio analysis.
Question 36
Bill Raymond is the CEO of the Drummond Group, a consulting group in the Carolinas. Sales have increased at least five percent every year for the past seven years. Unfortunately, the company has hit a slump this year, and revenue is far less than anticipated. However, in order to receive his performance bonus, Bill must show a sales increase of at least seven percent. When the financials are released, sales have increased by exactly seven percent. Which of the following ratio analyses would be most helpful in revealing that Bill included bogus sales in the company's financials?
Quick ratio
Inventory turnover
Debt-to-equity ratio
Receivable turnover
Question 37
An unusual change in the relationship between fixed assets and depreciation is a red flag associated with which type of financial statement fraud scheme?
Timing differences
All of the above
Improper asset valuation
Improper disclosure
Question 38
Scott Ruskin is the CEO of Decatur Materials. The company has been struggling for the last few years and is in danger of defaulting on several of its bank loan covenants. Scott is facing significant pressure from the board of directors to turn the company around. Unless he meets all of the financial goals for the year, he will be out the door without a golden parachute. To improve the financial appearance of the company, Scott undertakes a scheme to boost the balance sheet by faking inventory. The analysis of what financial ratio would most likely bring this scheme to light?
Profit margin
Inventory turnover
Quick ratio
Collection ratio
Question 39
According to SAS 99 (AU240), the auditor should ask management about the risks of fraud and how they are addressed. Which of the following is not described as an issue that the auditor should ask management about?
Whether and how management communicates the company's financial results to its employees
Management's understanding of the risk of fraud
Whether management has knowledge of fraud or suspected fraud
Programs that the entity has established to prevent, deter, or detect fraud
Question 40
According to SAS 99 (AU240), fraud involving senior management should be reported directly to the shareholders as soon as the fraud is documented.
True
False

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St. Petersburg College - Stat 2023 Module 6 Quiz > St. Petersburg College - Stat 2023 Module 6 Quiz > St. Petersburg College - Stat 2023 Module 6 Quiz (Anders)

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St. Petersburg College - Stat 2023 Module 6 Quiz
Module 6 Quiz
Question 1 1 / 1 point
State the null hypothesis.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly thro...

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St. Petersburg College - Stat 2023 Module 6 Quiz
Module 6 Quiz
Question 1 1 / 1 point
State the null hypothesis.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
State the null hypothesis.
Customers are distributed evenly throughout the week.
Customers are not distributed evenly throughout the week.
Question 2 1 / 1 point
State the alternative hypothesis.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
State the alternative hypothesis.
Customers are distributed evenly throughout the week.
Customers are not distributed evenly throughout the week.
Question 3 1 / 1 point
Determine the degrees of freedom.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and determine how many degrees of freedom the 2
test statistic will have.
1
2
3
4
5
Question 4 1 / 1 point
Determine the critical value.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and determine the critical value for the test.
12.59
7.81
5.99
3.84
9.49
Question 5 1 / 1 point
Determine the expected count under the null hypothesis.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and determine the expected number of customers served each day under the null hypothesis.
20
25
30
40
50
Question 6 1 / 1 point
Calculate the test statistic ?2
.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and calculate the test statistic 2
6.67
9.24
10.31
13.45
15.86
Question 7 1 / 1 point
State your decision regarding the null hypothesis.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and state your decision regarding the null hypothesis.
Note: the p-value = 0.01
Reject the null hypothesis.
Do not reject the null hypothesis.
Question 8 1 / 1 point
State your conclusion to the hypothesis test.
A local retailer currently schedules employees based on the assumption that they serve customers uniformly throughout the week (the same number each day). Management is starting to question this assumption and decides to collect data on the number of customers served each day of the week in order to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Monday Tuesday Wednesday Thursday Friday Total
Number saved 40 33 35 32 60 200
Assume the assumptions of the test are satisfied and state your conclusion to the test.
Note: the p-value = 0.01
Cannot be determined.
The data suggests that customers are distributed evenly throughout the week.
The data suggests that customers are not distributed evenly throughout the week.
Question 9 1 / 1 point
State the null hypothesis.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data.Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
State the Null Hypothesis.
Age and type of movie preferred are not independent.
Age and type of movie preferred are independent.
Age and type of movie preferred are not the same.
Age and type of movie preferred are related.
Cannot be determined.
Question 10 1 / 1 point
State the alternative hypothesis.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
State the alternative hypothesis.
Age and type of movie preferred are dependent.
Age and type of movie preferred are independent.
Age and type of movie preferred are not related.
Age and type of movie preferred are superior.
Cannot be determined.
Question 11 1 / 1 point
Determine the degrees of freedom.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and determine how many degrees of freedom?
1
2
4
9
Question 12 1 / 1 point
Determine the critical value.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and determine the critical value for the test.
14.86
5.991
9.488
16.919
Question 13 1 / 1 point
Find the expected count under the null hypothesis.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and find the expected number of 24-29 year-olds who prefer comedies under the null hypothesis.
8
11.56
10.29
7.34
Question 14 1 / 1 point
Find the test statistic 2
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and find the test statistic 2
1.444
12.234
3.623
2.944
Cannot be determined.
Question 15 1 / 1 point
State your decision regarding the null hypothesis.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and state your decision regarding the null hypothesis.
Note: the p-value = 0.4594
Do not reject the null hypothesis.
Reject the null hypothesis.
Question 16 1 / 1 point
State your conclusion to the hypothesis test.
A sociologist was interested in determining if there was a relationship between the age of a young adult (18 to 35 years old) and the type of movie preferred. A random sample of 93 adults revealed the following data. Use a Chi-Square independence test to determine if age and type of movie preferred are independent at the 5% level of significance.
18-23 years old 24-29 years old 30-35 years old Totals
Drama 8 15 11 34
Science Fiction 12 10 8 30
Comedy 9 8 12 29
Totals 29 33 31 93
Assume the assumptions of the test are satisfied and state your conclusion to the test.
Note: the p-value = 0.4594
Cannot be determined.
The data suggests that age and type of movie preferred are not independent.
The data does not suggest that age and type of movie preferred are independent.
The data does not suggest that age and type of movie preferred are dependent.
The data suggests that age and type of movie preferred are dependent.
Question 17 1 / 1 point
State the null and alternative hypotheses.
It has been rumored that the color distribution of M&M’s is 30% brown, 20% yellow, 20% red, 10% orange, 10% blue, and 10% green. You are suspect of this rumor and decide to count the number of each color contained in a randomly chosen bag to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Brown Yellow Red Orange Blue Green Total
Number Observed 27 16 21 12 9 15 100
State the null and alternative hypotheses.
H0: Pbrown=0.30 , Pyellow=0.20 , Pred=0.20 , Porange=0.10 , Pblue=0.10 , Pgreen=0.10HA: At least one of the stated proportions is not correct.
H0: Pbrown=0.30 , Pyellow=0.20 , Pred=0.20 , Porange=0.10 , Pblue=0.10 , Pgreen=0.10HA: All of the stated proportions are not correct.
Question 18 1 / 1 point
Determine the critical value.
It has been rumored that the color distribution of M&M’s is 30% brown, 20% yellow, 20% red, 10% orange, 10% blue, and 10% green. You are suspect of this rumor and decide to count the number of each color contained in a randomly chosen bag to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Brown Yellow Red Orange Blue Green Total
Number Observed 27 16 21 12 9 15 100
Assume the assumptions of the test are satisfied and determine the critical value for the test.
12.833
0.05
11.070
5.991
Question 19 1 / 1 point
Determine the expected count under the null hypothesis.
It has been rumored that the color distribution of M&M’s is 30% brown, 20% yellow, 20% red, 10% orange, 10% blue, and 10% green. You are suspect of this rumor and decide to count the number of each color contained in a randomly chosen bag to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Brown Yellow Red Orange Blue Green Total
Number Observed 27 16 21 12 9 15 100
Assume the assumptions of the test are satisfied and determine the expected number of yellow M&M's in the bag under the null hypothesis.
5
10
20
30
Question 20 1 / 1 point
Calculate the test statistic 2
It has been rumored that the color distribution of M&M’s is 30% brown, 20% yellow, 20% red, 10% orange, 10% blue, and 10% green. You are suspect of this rumor and decide to count the number of each color contained in a randomly chosen bag to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Brown Yellow Red Orange Blue Green Total
Number Observed 27 16 21 12 9 15 100
Assume the assumptions of the test are satisfied and calculate the test statistic 2
4.15
6.47
16.83
20.43
Question 21 0 / 1 point
State your decision regarding the null hypothesis.
It has been rumored that the color distribution of M&M’s is 30% brown, 20% yellow, 20% red, 10% orange, 10% blue, and 10% green. You are suspect of this rumor and decide to count the number of each color contained in a randomly chosen bag to perform a Chi-Square goodness-of-fit test at a 5% significance level.
Brown Yellow Red Orange Blue Green Total
Number Observed 27 16 21 12 9 15 100
Assume the assumptions of the test are satisfied and state your decision regarding the null hypothesis.
Reject the null hypothesis.
Do not reject the null hypothesis.
Question 22 1 / 1 point
State the null and alternative hypotheses.
A study was conducted to determine if there is a relationship between fan preference of instant replay use and the sport in which it is applied. The category counts of 102 fans are provided in the two-way table below. Use a Chi-Square independence test to determine if fan preference of instant replay use and the sport in which it is used are independent at the 5% level of significance.
Favor Oppose Total s
Football 19 5 24
Baseball 18 6 24
Basketball 15 26 41
Soccer 5 8 13
Totals 57 45 102
State the Null and Alternative Hypotheses.
H0: Instant replay preference is independent of sport. HA: Instant replay preference is dependent of sport.
H0: Instant replay preference is dependent of sport. HA: Instant replay preference is independent of sport.
Question 23 1 / 1 point
Determine the critical value.
A study was conducted to determine if there is a relationship between fan preference of instant replay use and the sport in which it is applied. The category counts of 102 fans are provided in the two-way table below. Use a Chi-Square independence test to determine if fan preference of instant replay use and the sport in which it is used are independent at the 5% level of significance.
Favor Oppose Total s
Football 19 5 24
Baseball 18 6 24
Basketball 15 26 41
Soccer 5 8 13
Totals 57 45 102
Assume the assumptions of the test are satisfied and determine the critical value for the test.
15.507
7.815
5.991
3.841
9.488
Question 24 0 / 1 point
Find the expected count under the null hypothesis.
A study was conducted to determine if there is a relationship between fan preference of instant replay use and the sport in which it is used. The category counts of 102 fans are provided in the two-way table below. Use a Chi-Square independence test to determine if fan preference of instant replay use and the sport in which it is applied are independent at the 5% level of significance.
Favor Oppose Total s
Football 19 5 24
Baseball 18 6 24
Basketball 15 26 41
Soccer 5 8 13
Totals 57 45 102
Assume the assumptions of the test are satisfied and find the expected number who would oppose the use of instant replay in baseball under the null hypothesis.
13.41
7.26
5.74
18.08
10.59
Question 25 0 / 1 point
State your conclusion to the hypothesis test.
A study was conducted to determine if there is a relationship between fan preference of instant replay use and the sport in which it is used. The category counts of 102 fans are provided in the two-way table below. Use a Chi-Square independence test to determine if fan preference of instant replay use and the sport in which it is applied are independent at the 5% level of significance.
Favor Oppose Total s
Football 19 5 24
Baseball 18 6 24
Basketball 15 26 41
Soccer 5 8 13
Totals 57 45 102
Assume the assumptions of the test are satisfied and state your conclusion to the test.
Note: the test statistic is 16.629
Instant Replay Preference is independent of Sport.
Instant Replay Preference is dependent on Sport.
There is no relationship between Instant Replay Preference and Sport.
The results do not provide enough information to come to any conclusions.

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Samenvatting Management en organisatie Module 6, 7, 8, 14, 15, 16, 17, 18, 19
Samenvatting Management en organisatie (M&O) / bedrijfseconomie Module 6 Ondernemingsvormen, 7 Vermogensmarkt, 8 Aandelen en dividend, 14 Omzet handelsonderneming, 15 Kosten h...

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Samenvatting Management en organisatie Module 6, 7, 8, 14, 15, 16, 17, 18, 19
Samenvatting Management en organisatie (M&O) / bedrijfseconomie Module 6 Ondernemingsvormen, 7 Vermogensmarkt, 8 Aandelen en dividend, 14 Omzet handelsonderneming, 15 Kosten handelsonderneming, 16 Winst handelsonderneming, 17 Break-evenanalyse, 18 Brutowinstopslag, 19 Nettowinstopslag 200% M&O HAVO Cursus 2 Financiering Cursus 3 Financieel beleid

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