Which of the following statements is true of a bar graph display? It is the same as a line graph. It allows for more than
Which of the following statements is true of a bar graph display?
It is the same as a line graph. | ||
It allows for more than one category of data to be presented on the same graph. | ||
It is used to display qualitative data. | ||
It cannot be used to chart multiple time series.
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Which of the following is the first and primary means by which a graph communicates information?
label for data points | ||
scale of axes | ||
label of the axes | ||
title of the graph |
Which of the following is true of Excel?
It does not require consistency to be maintained between column headings and the type of data contained in the column. | ||
It has a well-defined structure that includes tables, queries, and reports. | ||
In Excel, each field can store only one type of data for all the records. | ||
In Excel, a useful feature known as the Database facilitates review of the database by another user or by the same user at a later time. |
To conform to Benford's Law, a number series must approximately follow a
geometric sequence. | ||
arithmetic sequence. | ||
Fibonacci sequence. | ||
decreasing sequence. |
Which of the following is an example of numbers that display a geometric tendency?
Social Security numbers | ||
stock prices | ||
account numbers | ||
zip codes |
Which of the following is a disadvantage of basic data analysis programs?
They do not allow flexibility of application. | ||
They cannot accommodate data in certain formats, in which case the data must be converted. | ||
They do not support complex statistical calculations or similar higher functions. | ||
They are not suitable for forensic accounting engagements that require data mining. |
Which of the following is a reason why the size of the data set is important to apply Benford's Law?
Large data sets often have more irregularities than small data sets. | ||
It is easier to test small data sets for frequencies of digits, both lower and higher. | ||
It is more difficult to identify significant deviations from Benford's profile in small data sets. | ||
The results of tests on large data sets are not as precise as the results of tests on small data sets. |
Which of the following is an important dimension to be considered while evaluating the distribution of a data set?
accuracy of the data | ||
changes in internal variables | ||
timing of the distribution | ||
skewness of the distribution |
Which of the following is true of presenting data in a graph?
Descriptive labels for the two axes may or may not be used. | ||
The title of the graph need not be given. | ||
Labels for individual data points should always be included. | ||
The right approach is to always use a scale that includes zero. |
A larger ratio of the largest value to the smallest value indicates
an outlier in the data set. | ||
a lesser variation in the data set. | ||
a greater variation in the data set. | ||
an outlier on the opposite side of the distribution. |
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