Situations in Which Aggregated Data May Be Sufficient to Evaluate

question 4

Multiple Choice

Situations in which aggregated data may be sufficient to evaluate the performance of an entity include:

• A) Where the entity has not existed for a long period of time.
• B) Where the segments of the entity have highly correlated profit prospects.
• C) Where the entity has a large consolidated asset base.
• D) Where the entity operates in different geographic areas with different risks.
• E) None of the given answers.

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Definitions:

Enculturation

The process by which individuals learn and adopt the values, customs, and norms of their culture.

Assimilation

The process by which a person or a group's language and/or culture come to resemble those of another group.

Achievement

The accomplishment of a goal or attainment of a higher level of performance, often recognized and measurable.

Affiliation

The need to form connections with others or be part of a group, often considered a fundamental human motivation.