Question 1

Activity ratios measure ________.

Accepted Answer

A)  a firm's ability to pay short-term obligations using current assets 
B)  a firm's operating efficiency 
C)  a firm's ability to pay their debts and stay in business 
D)  a firm's ability to generate earnings relative expenses 
A)  a firm's ability to pay short-term obligations using current assets 
B)  a firm's operating efficiency 
C)  a firm's ability to pay their debts and stay in business 
D)  a firm's ability to generate earnings relative expenses

Question 2

Liquidity ratios measure ________.

Accepted Answer

A)  a firm's ability to pay short-term obligations using current assets 
B)  a firm's operating efficiency 
C)  a firm's ability to pay their debts and stay in business 
D)  a firm's ability to generate earnings relative expenses 
A)  a firm's ability to pay short-term obligations using current assets 
B)  a firm's operating efficiency 
C)  a firm's ability to pay their debts and stay in business 
D)  a firm's ability to generate earnings relative expenses

Question 3

Return on equity is an example of which type of ratio?

Accepted Answer

A)  solvency ratio 
B)  profitability ratio 
C)  liquidity ratio 
D)  activity ratio 
A)  solvency ratio 
B)  profitability ratio 
C)  liquidity ratio 
D)  activity ratio

Question 4

Once numbers are input into a financial system using XBRL-GL,they are already tagged and able to be transmitted on the next day of business to interested users.

Accepted Answer

A) True 
 B)False

Question 5

Defining over 19,000 elements,the 2017 US GAAP Financial Reporting Taxonomy tags unique financial data to a component within the taxonomy.

Accepted Answer

A) True 
 B)False

Question 6

With regard to sparklines,which of the following statements is false?

Accepted Answer

A)  Sparklines can allow financial statement users to easily see the data visually and give meaning to the underlying financial data. 
B)  Sparklines can be added to a digital dashboard that already has many charts and dials, without cluttering up the overall appearance of a dashboard. 
C)  Sparklines can, generally, fit in a single cell within a spreadsheet. 
D)  Sparklines can easily add to the data without detracting from the tabular results. 
A)  Sparklines can allow financial statement users to easily see the data visually and give meaning to the underlying financial data. 
B)  Sparklines can be added to a digital dashboard that already has many charts and dials, without cluttering up the overall appearance of a dashboard. 
C)  Sparklines can, generally, fit in a single cell within a spreadsheet. 
D)  Sparklines can easily add to the data without detracting from the tabular results.

Question 7

Debt-to-equity ratio is an example of which type of ratio?

Accepted Answer

A)  solvency ratio 
B)  profitability ratio 
C)  liquidity ratio 
D)  activity ratio 
A)  solvency ratio 
B)  profitability ratio 
C)  liquidity ratio 
D)  activity ratio

Question 8

Using the table below compute profit margin for Q3,2011 for DuPont (Ticker = DD).

Accepted Answer

A)  22.0% 
B)  31.5% 
C)  30.9% 
D)  23.6% 
A)  22.0% 
B)  31.5% 
C)  30.9% 
D)  23.6%

Question 9

Sparklines are generally ________ and show ________ trends.

Accepted Answer

A)  small; similar 
B)  large; simple 
C)  small; simple 
D)  large; similar 
A)  small; similar 
B)  large; simple 
C)  small; simple 
D)  large; similar

Question 10

According to the text,research finds that as the use of ________ words in the 10-k ________ the stock market reacts ________.

Accepted Answer

A)  negative; decreases; negatively 
B)  negative; increases; negatively 
C)  positive; increases; negatively 
D)  positive; decreases; positively 
A)  negative; decreases; negatively 
B)  negative; increases; negatively 
C)  positive; increases; negatively 
D)  positive; decreases; positively

Activity ratios measure ________.

Liquidity ratios measure ________.

Return on equity is an example of which type of ratio?

Once numbers are input into a financial system using XBRL-GL,they are already tagged and able to be transmitted on the next day of business to interested users.

Defining over 19,000 elements,the 2017 US GAAP Financial Reporting Taxonomy tags unique financial data to a component within the taxonomy.

With regard to sparklines,which of the following statements is false?

Debt-to-equity ratio is an example of which type of ratio?

Using the table below compute profit margin for Q3,2011 for DuPont (Ticker = DD).

Sparklines are generally and show trends.

According to the text,research finds that as the use of words in the 10-k the stock market reacts .

Data Analytics in Accounting and Business

Data Preparation and Cleaning

Modeling and Evaluation: Going From Defining Business Problems and Data Understanding to Analyzing Data and Answering Questions

Visualizations: Using Visualizations and Summaries to Share Results

The Modern Audit and Continuous Auditing

Audit Data Analytics

Generating Key Performance Indicators

Filters

Exam 8: Using Financial Statement Data

Activity ratios measure ________.

Liquidity ratios measure ________.

Return on equity is an example of which type of ratio?

Once numbers are input into a financial system using XBRL-GL,they are already tagged and able to be transmitted on the next day of business to interested users.

Defining over 19,000 elements,the 2017 US GAAP Financial Reporting Taxonomy tags unique financial data to a component within the taxonomy.

With regard to sparklines,which of the following statements is false?

Debt-to-equity ratio is an example of which type of ratio?

Using the table below compute profit margin for Q3,2011 for DuPont (Ticker = DD).

Sparklines are generally ________ and show ________ trends.

According to the text,research finds that as the use of ________ words in the 10-k ________ the stock market reacts ________.

Data Analytics in Accounting and Business

Data Preparation and Cleaning

Modeling and Evaluation: Going From Defining Business Problems and Data Understanding to Analyzing Data and Answering Questions

Visualizations: Using Visualizations and Summaries to Share Results

The Modern Audit and Continuous Auditing

Audit Data Analytics

Generating Key Performance Indicators

Filters

Sparklines are generally and show trends.

According to the text,research finds that as the use of words in the 10-k the stock market reacts .