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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.

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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