A list of the percentages of the total number of cases observed at each score value or each subinterval of scores is:

• A.a relative frequency distribution
• B.a histogram
• C.a cumulative frequency polygon

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To effectively diversify a portfolio an investor wants stocks with _________ correlation coefficients, the effect will be to ________ the standard deviation of the portfolio.

• A.Positive; increase
• B.Negative; decrease
• C.Zero; increase

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What does the term "1/10, net 45" mean?

• A.a 1% discount is permitted if payment is made within 10 days.
• B.a 10% discount is permitted if payment is made within 45 days.
• C.a 1% discount is permitted if payment is made within 45 days.

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Given the historical returns for the two stocks listed below, what can be said about the correlation coefficient?

• A.it must be +1.0
• B.it must be -1.0
• C.it is zero

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According to SAS 99, which of the following is least likely to be a risk factor related to attitudes/rationalizations to commit fraudulent accounting?

• A.Significant operations that is located in foreign countries where cultures and business practices are different.
• B.Management's continued use of materiality to justify marginal or inappropriate accounting.
• C.A strained relationship between management and the current or previous auditor.

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