WITH 100% CORRECT ANSWERS
+/-A1ASDA-AAnswer✓A68%AofAdataAlieAwithinAthisArange
+/-A2ASDA-AAnswer✓A95%AofAdataAlieAwithinAthisArange
+/-A3ASDA-AAnswer✓A99.7%AofAdata
1-2sAruleA-
AAnswer✓ArunAisAacceptedAwhenAbothAcontrolAresultsAareAwithinA2ASDAlimitsAfromAtheAmeanAval
ue
1-3sAruleA-
AAnswer✓AtheArunAisAconsideredAoutAofAcontrolAwhenAoneAofAtheAcontrolAresultsAexceedAtheA+/-
A3ASDAlimits
2-2sAruleA-
AAnswer✓ATheArunAisArejectedAwhenAbothAcontrolsAexceedAtheAmeanAvalueA+2SDAorAtheAmeanA-
2SDAlimits
4AstagesAofAworkflowAandAlabAdesignA-AAnswer✓A1.AorganizationsA-
Amanagement,AplanningAprocess
2.Abudget
3.AgraphicAdisplay
4.AwrittenAnarrativeAdescription
4-1sAruleA-
AAnswer✓ATheArunAisArejectedAwhenAtheAlastA10AconsecutiveAcontrolAresultsAfallAonAtheAsameAsi
deAofAtheAmean
accountArateAofAreturnA(ARR)A-
AAnswer✓AUsesAaccountingAinformationAtoAmeasureAprofitabilityAofAanAinvestment.ATheAaverageAy
ieldAthatAwillAbeAearnedAoverAtheAlifeAofAanAinvestment.A
(averageAnetAprofit/ApurchaseApriceAofAproject)AxA100
,accountAreceivableA-
AAnswer✓AincomeAthatAhasAbeenAearnedAbutAforAwhichAnoAcashApaymentAhasAbeenAreceived
accountingAbreakevenA-
AAnswer✓AVolumeAneededAtoAproduceAzeroAprofit.ARevenuesAcoverAallAaccountingAcosts.A
TotalARevenueA(costAxAvolume)A-ATotalAVariableA(variableAcostArateAxAvolume)A-AfixedAcostsA=A$0
accuracyA-
AAnswer✓AclosenessAofAaAresultAtoAtheAactualAvalueAofAanAanalyticAwhenAperformingAaAtest.A"hi
ttingAbullsAeye"
Adam'sAEquityATheoryA-
AAnswer✓AWorkersAcompareAtheArewardApotentialAtoAtheAeffortAtheyAmustAexpend.AWorkersAalso
AconsiderArewardsAofAothers.AEquityAexistsAwhenAworkersAperceiveAthatAtheArewardAequalsAtheAeffo
rts.A(motivationAtheoryAthatAfocusesAonAbehavior)ATheoryAcallsAforAaAfairAbalanceAtoAbeAstruckAbetw
eenAanAemployee'sAinputsA(hardAwork,AskillAlevel,Atolerance,Aenthusiasm,AandAsoAon)AandAanAempl
oyee'sAoutputsA(salary,Abenefits,AintangiblesAsuchAasArecognition,andAsoAon).
adverseAeventA-
AAnswer✓AinjuryAresultingAfromAaAmedicalAintervention;AitAisAnotAdueAtoAtheAunderlyingAconditio
nAofAtheApatient
analyticalAtimeA-AAnswer✓Aperforming/resultingAtests
analyzeAlaborAcostsA-AAnswer✓AinstitutionalAlaborAcostAevaluationA(employmentAcycle)A
technicalAevaluationAofAlaborAcostA-
AassignAlaborAcostsAtoAproductionAactivitiesAthatAgenerateAexpenses.AhelpsAmanagerAidentifyAwhereA
effortsAareAbeingAexpendedAandAproductivityA
accountingAandAbudgetingAlaborAanalysisA-
AhelpsAmonitorAstaffingAlevels,AproductivityAandAmanagementAperformanceAagainstAbudgetAobjectives
annualAdepreciationA-AAnswer✓A(costA-AsalvageAvalue)A/AusefulAlife
annualAdepreciationA-AAnswer✓A(initialAcostA-AsalvageAvalue)/AusefulAlife
, annualAholdingAcostA-
AAnswer✓AaccountsAforAexpensesAofAmaintainingAaAstockAroomAforAstoringAmaterialAnotAneededAi
mmediately
annuityA-
AAnswer✓AseriesAofApaymentsAofAaAfixedAamountAforAaAspecifiedAnumberAofAequalAperiods
averageAhourlyArateA-AAnswer✓AsalaryAexpense/ApaidAhours
AverageArateAofAreturnA(ARR)A-
AAnswer✓AcalculatesAtheAaverageAannualAprofitAofAanAinvestmentAproject,AexpressedAasAaApercen
tageAofAtheAinitialAsumAofAmoneyAinvested
balanceAsheetA-AAnswer✓AusedAatAtheAendAofAtheAfiscalAyear.AdisplaysAassetsAandAliabilities
BasicAstatisticalAgraphsA-AAnswer✓Acircle,Abar,AandAlineAgraphsA
usedAtoAillustrateAcomparativeAsizeAofAdifferentAcomponentsAorAfactors
BehaviorlyAAnchoredARatingAScalesA(BARS)A-AAnswer✓AnumericAratingAscaleA(1-
7)AwithAbehavioralAcategoryAcriticalAtoAtheAsuccessAofAtheAjob
BottleneckAManagementA-
AAnswer✓AworkAmustApassAthroughAaAnarrowApointAbeforeAreachingAinternalAproductionAmachine
ryAORAaAtaskAthatAtiesAupAtheAsystemA(ex:ADiffAwithAabnormalAcells,AtelephoneAcalls,AreportingAcrit
icalAvalues)
bottomAupAbudgetA-
AAnswer✓AAAbudgetingAprocessAthatAbeginsAatAtheAlowestAlevelsAofAmanagementAandAfiltersAupA
throughAtheAorganization.AcomesAfromAmanagersAcreatingAtheirAownAbudgetAforAtheirAsections
budgetA-
AAnswer✓AdetailedAplanAonAhowAresourcesAwillAbeAacquiredAandAutilizedAduringAaAspecificAtimeA
period
BudgetAAnalysisA-
AAnswer✓ATheAprocessAofAstudyingAfinancialAdataAtoAprovideAinformationAthatAhelpsAtoAmakeAbu
dgetAdecisions;AassessmentAofAfinancialAperformance.