Statistics Are Numerical Data Useful and Expected for Oral Research

question 46

Multiple Choice

Statistics are numerical data useful and expected for oral research presentations.Which of the following statements about the use of statistics is TRUE?

• A) To be a credible source of support, the listener needs to know if a statistic is valid and reliable, used correctly, properly interpreted, and relevant to the point.
• B) Statistics used in abundance have little effect on audience fatigue.
• C) Visuals are essential in research presentations to facilitate understanding of statistics.
• D) All of the above.
• E) All but "B" above.

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Definitions:

Accounting Treatment

Refers to the method of applying accounting principles and rules to transactions and financial events in a company’s financial statements.

LIFO

Last In, First Out, an inventory valuation method where the most recently produced or acquired items are the first to be expensed.

U.S. Tax Rules

The laws and regulations governing the taxation of individuals and corporations in the United States.

IFRS

Stands for International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) for global use.