The Main Problem in Determining the Effects of New Technology

question 10

Multiple Choice

The main problem in determining the effects of new technology on job creation and job displacement is

• A)calculating the indirect and long-term effects.
• B)projecting the growth rates of new occupational specialties.
• C)that workers frequently move from region to region as jobs decline and grow.
• D)that the Census Bureau regularly changes job classifications and occupational titles.
• E)that managers view such information as a trade secret.

Comprehend the legal responsibilities of accountants in detecting and reporting fraud or financial irregularities in a client’s books.

Understand the defenses available to professionals accused of negligence or misconduct.

Appreciate the importance of maintaining and not destroying working papers and documentation in readiness for potential legal scrutiny.

Understand the legal obligations and potential liabilities of professionals, such as attorneys and accountants, under securities laws.

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Definitions:

Statistics

A set of tools and techniques used for describing, organizing, and interpreting data or information.

Relationships

Connections or associations between two or more people, which can be personal, professional, or otherwise, and influence social interactions.

Histogram

Graph that uses vertical bars to represent the frequencies of a set of variables. The measured values found within the distribution are listed on the horizontal axis (x-axis) and frequency counts are placed on the vertical axis (y-axis).

Bar Graph

A chart that represents categorical data with rectangular bars with lengths proportional to the values they represent.