THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 16

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a random sample of 150 large retailers,110 used regression as a method of forecasting.In an independent random sample of 180 small retailers,90 used regression as a method of forecasting.
-Find the 90% confidence interval for the difference between the two population proportions.

• A)0.23 ± 0.0482
• B)0.23 ± 0.0854
• C)1.23 ± 0.0482
• D)1.23 ± 0.0854

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Definitions:

FVTPL

Fair Value Through Profit or Loss; a classification under IFRS for financial assets that are held for trading or designated upon initial recognition to be measured at fair value with changes recognized in profit or loss.

Hedge Accounting

A method of accounting where entries for the ownership of a security and the opposing hedge are treated as one, to show a more accurate financial position.

Hedging Instrument

Any financial derivative or other contract used to offset the risk of changes in the value of an asset, liability, or future transaction.

Hedged Item

An asset, liability, firm commitment, or anticipated transaction identified by an entity to manage risks through hedging activities.