Modeling monetary Study guides, Class notes & Summaries

Which phrase or term regarding materiality is used by the Supreme Court of the United States and is not found in the FASB Concepts Statements No. 2? - Probably that the judgment of a reasonable person - Significantly altered the total mix of information available - Magnitude of an omission or misstatement - In light of surrounding circumstances Significantly altered the total mix of information available. Which materiality does an auditor use when determining whether the financial st...

Ability of cash flow from operations to cover current debt and dividends - ANSWER Measures ability to cover current debt maturities and dividends with operating cash flow. Accounting estimate - ANSWER An approximation of a monetary amount when a precise means of measurement is not available. Accounting records - ANSWER Client's records of the initial accounting entry and supporting documents. Acid-test (quick) ratio - ANSWER Measures ability to meet short-term obligations with liquid a...

GDP - Answer total value of all goods and services produced in a country in a year Gini Coefficient - Answer a statistical method of modeling/graphing the extent of wealth inequality GDP per capita - Answer Gross domestic product divided by the number of people in the population. infrastructure - Answer the basic systems and structures a state needs to work properly Privitization - Answer the sale of a business that was owned and managed by government to a private company/i...

Why investment banking? - Answer-1. Learning experience -gaining four years of work experience of work experience in two years will prepare me for anything 2. Thrive in environment -rewarded for performance -responsibility at lower level and value through quality of work What do investment bankers do? - Answer-1. Raise capital for companies through debt or equities offerings 2. Provide advice to companies on merger, acquisitions, re-structuring, etc. 3. Evaluate companies and pitch bank...

Business Continuity Plan (BCP) A plan for maintaining minimal operations until the business can return to full normal operations. Disaster Recovery Plan (DRP) A plan for returning the business to full normal operations. International Organization for Standardization (ISO) 27001 standard It is a code of practice for implementing an information security management system, against which organizations can be certified. National Institute of Standards and Technology (NIST) 800...

ISSP - SA Chapter 1 Questions with Accurate Answers 2024 Sustainable Development The most widely accepted definition of this development approach comes from the 1987 Brundtland Commission report, which describes it as: "development that meets the needs of the present without compromising the ability of future generations to meet their own needs" Carrying Capacity The maximum population that can survive indefinitely on the available resources and services. Brainpower Read Mo...

CAPM Exam 196 Questions with Verified Answers Cost Variance formula - CORRECT ANSWER Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? - CORRECT ANSWER Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) - CORRECT ANSWER Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) - CORRECT ANSWER Processes performed to establish total scope of effort, define and refine objectives, and develop a cou...

BCOR 2205 Final Exam 2023 All Possible Questions and Answers;highly recommended for your final test Which category of analytics will knowledge workers use to perform their jobs? All answers are correct: Descriptive analytics techniques that describe past performance and history. Predictive analytics techniques that extract information from data and use it to predict future trends and identify behavioral patterns. Prescriptive analytics techniques that create models indicating the best dec...

Actual Cost - Answer The total of direct and indirect costs incurred in accomplishing work on an activity during a given period Analogous Estimates - Answer A cost estimating technique that uses the actual cost of a previous, similar project as the basis for estimating the cost of the current project, also called top-down estimates. Baseline - Answer The original project plan plus approved changes. Bottom-up estimates - Answer A cost-estimating technique based on estimating individual w...

WGU C207 Data Driven Decision Making Module 1 Exam (Answered) Quantitative analysis is another name for what? statistics If a dataset is presented on a scale of hours per week, which measurement scale is used? ratio The use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value is called ________. Analytics Analytics makes use of all these things to drive decision-making and add value. First, second, t...