BUS Capstone 475 Final Exam Part 2 - UOP E Assignments

07. The preparation of adjusting entries is:
• straightforward because the accounts that need adjustment will be out of balance
• needed to ensure that the expense recognition principle is followed.
• only required for accounts that do not have a normal balance.
• optional when financial statements are prepared.
08. In a simple linear regression model, if the plots on a scatter diagram lie on a straight line, what is the standard error of
the estimate?
• Infinity
• 0
• +1
• -1
09. The fraud triangle applies to:
• U.S. and Canadian companies, but not other international companies.
• U.S companies but not international companies.
• U.S and international companies.
• international companies but not U.S. companies.
http://www.uopeassignments.com/