DATA ANALYTICS FOR ACCOUNTING W/CONNECT
1st Edition
ISBN: 9781260574449
Author: RICHARDSON
Publisher: MCG
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Question
Chapter 8, Problem 1DQ
To determine
Identify the component which is treated as the more positive sentiment in a 10-K between the financial statements or the MD&A (management discussion and analysis) of the financial statements. Also, identify the more positive sentiment between the footnotes or MD&A.
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For measuring the financial risk in the organization, we can use? Select one:
a. Cash flows Ratio
b. Balance sheet ratios
c. Earnings of the company
d. All options provided
Which of the following BEST describes Financial Condition Analysis (FCA)?
Group of answer choices
it mainly uses financial information in analysis
it is a daily assessment of financial performance
it evaluates the costs and benefits of financial analysis
it assesses the impact of socioeconomic/organizational factors on financial condition
Directions: Identify the variables if it can be regarded as a response variable and if it can be used
as predictors? Give a brief explanation.
1.4 Company's assets, return on a stock, and net sales.
Chapter 8 Solutions
DATA ANALYTICS FOR ACCOUNTING W/CONNECT
Ch. 8 - Prob. 1MCQCh. 8 - XBRL stands for: a. Extensible Business Reporting...Ch. 8 - Prob. 3MCQCh. 8 - Prob. 4MCQCh. 8 - Prob. 5MCQCh. 8 - Prob. 6MCQCh. 8 - Prob. 7MCQCh. 8 - What type of ratios measure a firms operating...Ch. 8 - What type of ratios measure a firms ability to pay...Ch. 8 - Prob. 10MCQ
Ch. 8 - Prob. 1DQCh. 8 - Prob. 2DQCh. 8 - Why do audit firms perform analytical procedures...Ch. 8 - Go to https://xbrl.us/data-rule/dqc_0015-lepr/ and...Ch. 8 - Go to https://xbrl.us/data-rule/dqc_0015-lepr/ and...Ch. 8 - Prob. 6DQCh. 8 - Prob. 7DQCh. 8 - Prob. 8DQCh. 8 - Prob. 1PCh. 8 - Prob. 2PCh. 8 - Prob. 3PCh. 8 - Prob. 4PCh. 8 - Go to Loughran and McDonalds sentiment word lists...Ch. 8 - Prob. 6P
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- Discuss your assumptions on the key factors such as industry characteristics, firm characteristics, sales growth, profit margin, dividend policy, asset requirement, and leverage. How do these factors affect your forecasting of financial statements? And discuss why the circular reference occurs between the proforma income statement and balance sheet in your forecasting model?arrow_forwardMatch the ratio to the building block of financial statement analysis to which it best relates.A. Liquidity and efficiency B. Solvency C. Profitability D. Market prospects Book value per common sharearrow_forwardWhich of the following use financial statement data to make decisions? a. customers c. suppliers b. investors d. all of thesearrow_forward
- The metrics based on nonfinancial information are known as ______. A. quantitative factors B. qualitative factors C. stakeholders D. stockholdersarrow_forwardThe metrics based on financial numbers produced by the accounting system are ________. A. quantitative factors B. qualitative factors C. stakeholders D. stockholdersarrow_forwardWhat summary of financial performance can you conclude based on data given?arrow_forward
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