Which of the Following Factors Should Be Considered in Order

question 49

Multiple Choice

Which of the following factors should be considered in order to determine whether an entity is a reporting entity when it is not obvious that users exist who would be dependent on the financial reports of the entity?

• A) separation of management from those with economic interest in the entity
• B) economic or political importance/influence
• C) financial characteristics
• D) separation of management from those with economic interest in the entity and economic or political importance/influence

---

Definitions:

Psychopathic Traits

Psychopathic traits refer to personality characteristics often associated with lack of empathy, impulsiveness, and manipulativeness seen in psychopathy.

Risk Takers

Individuals who are inclined to take actions that involve uncertainty, with the potential for significant outcomes, both positive or negative.

Two-Way Table

A tabular method to display the frequencies with which certain combinations of two categorical variables occur.

Null Hypothesis

A hypothesis in statistical analysis that assumes no significant effect or difference exists between specified populations or parameters.