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An auditee's procedures require that all design drawings be dated and signed. During a design review, an auditor notices that several drawings are signed, but not dated. The missing dates are examples of what kind of data?
Suggested Answer: A
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44 comments · newest first
MA
Marshall
11 months ago
Just to clarify, signed but undated is a clear example of qualitative issues.
AM
Amie
11 months ago
Wait, are we sure it’s not just a simple oversight?
MA
Marshall
11 months ago
Totally agree, it’s about the quality of the documentation.
TY
Ty
11 months ago
I think they’re more like variable data, right?
ET
Ettie
11 months ago
Missing dates are definitely qualitative data.
MA
Malcolm
12 months ago
I’m leaning towards qualitative too, but I wonder if there’s a chance it could be considered variable data since it’s inconsistent.
OR
Orville
12 months ago
I feel like this is similar to that practice question about documentation requirements. I think the missing dates are more about qualitative aspects.
MA
Marva
12 months ago
I'm not entirely sure, but I think it might be quantitative since it involves a measurement of time, right?
IN
In
1 year ago
I remember we discussed how missing dates could relate to qualitative data since they describe attributes rather than numbers.
DO
Dorothy
1 year ago
Qualitative data, for sure. The dates are categorical information, not quantitative values. This is a good question to test our understanding of data types.
JA
Janessa
1 year ago
Okay, I've got this. The missing dates are examples of qualitative data, since they are descriptive attributes of the drawings rather than numerical measurements.
GE
Georgene
1 year ago
Hmm, I'm a bit unsure here. Is this considered variable data since the dates are missing? Or is it still qualitative since the drawing itself is the focus?
CE
Cecil
1 year ago
This seems like a straightforward question about data types. The missing dates are clearly qualitative data, not quantitative or measured.
WI
Wilda
1 year ago
I think the peer-to-peer architecture would be the best choice here, as it allows for more decentralized and anonymous data transmission compared to the other options.
GO
Golda
1 year ago
I think the key here is to focus on the specific types of API calls mentioned in the question, rather than trying to guess. The answer is likely one of the options provided.
ME
Melissa
1 year ago
I'm confident I can handle this. OFAC applies to all banks, regardless of their foreign business activities, so option C is definitely not correct.
BE
Beatriz
1 year ago
Hmm, I'm a little unsure about this one. I know a ledger has something to do with recording transactions, but I'm not sure if that's the full definition. I might need to think this through a bit more.
LY
Lyda
1 year ago
Hey, at least the drawings were signed. Could have been worse - they could have been drawn with invisible ink!
RO
Ronny
1 year ago
D) Qualitative
ER
Ernie
1 year ago
C) Variable
CO
Corazon
1 year ago
B) Measured
CA
Carri
1 year ago
A) Quantitative
MI
Minna
1 year ago
Hold up, are we sure the auditor didn't just forget their reading glasses? Maybe those dates are there, they're just invisible to the naked eye.
LA
Lawanda
1 year ago
D) Qualitative
MA
Marva
1 year ago
C) Variable
KA
Kami
1 year ago
B) Measured
AV
Avery
1 year ago
A) Quantitative
PA
Patrick
1 year ago
I bet the auditor was really drawing a blank when they saw those unsigned drawings. Definitely a case of missing data, if you ask me.
CH
Chaya
1 year ago
Yeah, it's important for all design drawings to be both dated and signed.
GE
Gerald
1 year ago
I think the missing dates would fall under the category of qualitative data.
KR
Kris
1 year ago
I agree, it's definitely a case of missing data.
LA
Latonia
1 year ago
Those unsigned drawings must have really stood out during the review.
TR
Trevor
1 year ago
I think they could be considered quantitative data since they can be counted.
TR
Trinidad
1 year ago
I disagree, I believe they are variable data.
VI
Vivan
1 year ago
Hmm, I'm gonna go with D) Qualitative. Those missing dates are more like a lack of information, not a numerical value.
JE
Jeanice
1 year ago
Yeah, I agree. The missing dates are definitely more about the characteristics of the data rather than a numerical value.
LO
Louvenia
1 year ago
I think you're right, D) Qualitative makes sense. It's more about the quality of the information.
MA
Mayra
1 year ago
I agree with you, it seems like the missing dates are more about the quality of the information rather than a specific quantity.
WI
Willow
1 year ago
I think it's C) Variable because the dates could vary depending on when they were signed.
AR
Artie
1 year ago
I think the missing dates are qualitative data.
MA
Martha
1 year ago
A missing date on a design drawing? That's as clear as mud. It's definitely not quantitative or measured data. Sounds like qualitative data to me.
LU
Lucy
1 year ago
I think they could be considered quantitative data, as they are specific values that are missing.
GL
Glendora
2 years ago
I disagree, I believe they are examples of variable data.
SU
Sue
2 years ago
I think the missing dates on the drawings are examples of qualitative data.