One Test of Altman's Z-Score in Australia Found That Its

question 5

Multiple Choice

One test of Altman's Z-score in Australia found that its success at predicting financial distress was:

• A) Useless, being no better than guessing
• B) Below Altman's original study
• C) Above Altman's original study
• D) Excellent, almost perfect at predicting 1 year before failure

---

Definitions:

Attitudes

Psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.

Personality Traits

Enduring characteristics or qualities that define an individual's patterns of thought, emotion, and behavior.

Situational Constraints

External factors or circumstances that limit actions, behaviors, or opportunities within a given environment.

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, values, or ideas simultaneously.