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8 Questions

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OC's 06.03.24 meeting

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Questions and Answers

How much are cases rank A worth?

More than 1.5 mill

1 million or more (correct)

250,000- 1 mill

500,000- 1 mill

How much are cases rank B worth?

250,000-999,999 (correct)

500,000-999,999

150,000-300,000

100,000-500,000

How much are cases rank C worth?

50,000-100,000

100,000-250,000 (correct)

100,000

15,000-25,000

How much is a case rank A worth compared to a rank F?

66.66 (C) Signup and view all the answers

Why do we have several lines of auditing on a high value case?

Because making a mistake will impact the value of the case and as a consequence, we lose money (C) Signup and view all the answers

Which of the following is an example of qualitative data?

The color of a car. (C) Signup and view all the answers

Which of the following is a characteristic of quantitative data?

It involves numbers and can be measured. (C) Signup and view all the answers

A researcher is conducting a study on customer satisfaction at a local restaurant. They collect the following types of data:

Customer satisfaction ratings on a scale from 1 to 10. Written comments from customers about their dining experience. The number of times each menu item is ordered.

Which of the following statements correctly classifies the data types collected?

Written comments and the number of times each menu item is ordered are quantitative data; customer satisfaction ratings are qualitative data. (D) Signup and view all the answers

OC's 06.03.24 meeting

Choose a study mode

Podcast

Questions and Answers

How much are cases rank A worth?

How much are cases rank B worth?

How much are cases rank C worth?

How much is a case rank A worth compared to a rank F?

Why do we have several lines of auditing on a high value case?

Which of the following is an example of qualitative data?

Which of the following is a characteristic of quantitative data?

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