I a Coefficient of Correlation R Close to 0 (Say

question 51

Multiple Choice

i. A coefficient of correlation r close to 0 (say, 0.08) shows that the relationship between two
Variables is quite weak.
ii. Coefficients of -0.91 and +0.91 have equal strength.
iii. If the coefficient of correlation is 0.68, the coefficient of determination is 0.4624.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

Interpret events affecting interim financial statements and apply IAS 34 guidance to determine their impact.

Differentiate between the discreet and integral approach in interim financial reporting, particularly concerning income taxes and other expenses.

Understand the conditions under which income tax loss benefits are not recognized in an interim period.

Identify reportable segments and address ethical issues in segmented information reporting.

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.

Dividend Yield

A metric indicating the annual dividends a firm distributes in relation to its share price.

Asset Turnover

A financial ratio indicating how efficiently a company uses its assets to generate revenue.

Inventory Turnover

is a ratio showing how many times a company's inventory is sold and replaced over a specific period, highlighting the efficiency of inventory management.