The holder of a banker's acceptance may convert it to cash immediately at a discount rate, sell it on the discount market, or hold it until it matures, provided the buyer's account has sufficient funds to cover the transaction

Which of the following is the most critical activity that an analyst can engage in to assess the quality of the corporate governance system at Zero, among those that the consultant did not review?

A. Look for vague references to off-balance-sheet or insider information. B. Identify the responsiveness of the board to shareholder proxy votes. C. Evaluate the quality and extent of financial information provided to investors.

Testing to ensure that data conforms to a standard format is the purpose of the:

A) missing data validation test. B) pictures/templates validation test. C) reasonableness validation test. D) size validation test. E) self-checking digits validation test.