THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 19

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A restaurant manager was in charge of purchasing new microwaves for his restaurant.The choices were narrowed to two available models.Since the two models cost about the same,the manager was interested in determining whether there was a difference in the amount of power consumed when operated at high voltages.Based on two independent random samples,the following summary information was computed:

-Find a 99% confidence interval for the difference in the amount of power consumed at high voltages by the two models.

• A)0.2 ± 0.86
• B)0.2 ± 0.58
• C)0.2 ± 0.64
• D)0.2 ± 0.77

---

Definitions:

Big Four

Refers to the four largest international accountancy and professional services firms, which are Deloitte, PricewaterhouseCoopers (PwC), Ernst & Young (EY), and KPMG.

CICA Handbook

The Canadian Institute of Chartered Accountants Handbook, which provides certified accounting standards and guidelines in Canada.

NFP's Operations

Relates to the activities and endeavors undertaken by a Not-for-Profit Organization to fulfill its mission and objectives.

Reporting Objectives

The goals or purposes behind financial reporting, typically involving providing useful information to stakeholders for decision making.