List at least four of the procedures used for determining the number of factors
What will be an ideal response?
? A Priori Determination
? Determination Based on Eigenvalues
? Determination Based on Scree Plot
? Determination Based on Percentage of Variance
? Determination Based on Split-Half Reliability
? Determination Based on Significance Test
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Thomas bought a vehicle from a used-car dealer. He returned it to the dealer because the transmission fell out 150 miles after he purchased it. The dealer refused to accept the return because the vehicle was sold 'as is.' This is an example of a limited warranty.
a. true b. false
Thorp, CPA, was engaged to prepare tax returns and provide other tax services to Ivor Co. During the engagement, Thorp discovered that Ivor was selling worthless mortgages to investors. Ivor was indicted and Thorp was subpoenaed to testify at the criminal trial. Ivor claimed accountant-client privilege to prevent Thorp from testifying. Which of the following statements is true regarding Ivor's claim?
A. Ivor can claim an accountant-client privilege only in states that have enacted a statute creating such a privilege. B. Ivor can claim an accountant-client privilege only in federal courts. C. The accountant-client privilege can be claimed only in civil suits. D. The accountant-client privilege can be claimed only to limit testimony to audit subject matter.