1. Which of the following would be considered a political factor relative to the financial accounting policy function? a. Auditors b. Inflation c. Taxes d. Price changes
2. Which of the following groups carry out most accounting research? a. Public accounting firms b. Private industry c. Accounting professors d. Chartered Financial Analysts
3. If a number assigned to an object is an actual measurement of a property of the object, it is referred to as a(n): a. Direct measurement b. Biased measurement c. Indirect measurement d. Prediction measurement
4. Which of the following factors is not listed in your text as affecting a direct assessment measure? a. The measurer b. The attribute being measured c. Instruments available for the measuring task d. The individual that will use the measure