The Strength of an Association Between Variables Can Be Shown

question 42

Multiple Choice

The strength of an association between variables can be shown by computing phi,a measure that is

• A)appropriate for 2x2 tables.
• B)relatively easy to calculate.
• C)based on chi square.
• D)all of these

Understand the significance of different thresholds in determining reportable segments.

Grasp the concept and application of discrete and integral approaches in interim financial reporting under IAS 34.

Recognize the requirements for financial reporting in private companies versus public companies.

Understand the purpose and nature of reconciliations required under IFRS 8 for segment reporting.

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Definitions:

Share Capital

The amount of money that shareholders invest in a company in exchange for shares of ownership.

Statement of Cash Flows

a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing, and financing activities.

Investing Transactions

Financial activities related to the acquisition or sale of long-term assets and other investments.

Financing Transactions

Deals and agreements related to raising capital through the borrowing of funds or the issuance of stock in a company.