The best control procedure for accurate data entry is
A) the use of on-line terminals.
B) an access control matrix.
C) passwords and user IDs.
D) automation of data collection.
D
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Jack Daniels Co. has $100 million in Common Equity. Hiram Walker Co. has $125 million. Both have debt on their balance sheets, but both make the same amount of after-tax profits. Which has the higher ROE?
a) Jack Daniels b) Hiram Walker c) Both the same d) Depends on the amount of debt each has and the interest rate
Is Santillana correct in her statements about total return analysis and scenario analysis?
A. Yes. B. No, because scenario analysis cannot evaluate how individual assumptions affect the total return computation. C. No, because scenario analysis cannot lead to a rejection of a strategy with an accept- able expected total return.