Altman Initially Developed the Z-Score Model for Publicly Traded Manufacturing

question 13

Multiple Choice

Altman initially developed the Z-score model for publicly traded manufacturing firms.Using financial statement data and multiple discriminant analysis,he found that:

• A)in actual use,a Z-score greater than 2.99 implies bankruptcy within one year.
• B)in actual use,a Z-score greater than 1.81 implied a 90 percent chance of bankruptcy within one year.
• C)in actual use,a Z-score of less than 1.81 would predict bankruptcy within one year.
• D)in actual use,a Z-score less than 2.99 meant non-bankruptcy within one year.
• E)the lower the score the lower the chance of pending bankruptcy.

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Definitions:

Treatment Plan

A detailed, structured outline of interventions designed by healthcare providers to address a patient's diagnosis or problems.

Behavioral Crises

Situations where an individual displays extreme emotional, psychological or behavioral distress, often requiring immediate intervention.

Psychiatric Inpatient

Hospitalization for individuals who require constant medical supervision and therapeutic intervention for severe mental health issues.

Least Restrictive Intervention

An approach in caregiving and treatment that uses the minimal amount of restriction necessary on the individual's freedom for safety or therapeutic reasons.