For questions 11, 12, and 13 consider the following:  Green Envy, Inc. (GE) is a public company that sells recycled goods.  Unfortunately, 17 of their 30 stores are located on sites need to be environmentally cleaned-up during 2020, due to pollutants.  As of December 31, 2019 two sets of estimates of future environmental clean-up costs exist (see the attached Excel file). The external auditor’s estimate appears in column 2, and management’s estimate appears in column 3.  Actual clean-up costs incurred during 2020 for these 17 stores sites appear in column 4.  The table is also available in the accompanying Excel file. Download table Column 1 Column 2 Column 3 Column 4 Cleanup Site # Auditor Estimate of Clean Up  Expense December 31, 2019 Green Envy Management's Estimate of Clean Up Expense December 31, 2019 Actual Cleanup Costs Incurred Year During 2020 1  $                            1,938  $                         1,133  $                     1,446 2  $                            1,338  $                            992  $                     1,413 3  $                            1,462  $                            961  $                     1,472 4  $                            1,378  $                         1,103  $                     1,504 5  $                            1,389  $                         1,103  $                     1,498 6  $                            1,381  $                            999  $                     1,543 7  $                            1,115  $                         1,049  $                     1,361 8  $                            1,936  $                         1,075  $                     1,449 9  $                            1,790  $                         1,119  $                     1,527 10  $                            1,739  $                         1,030  $                     1,430 11  $                            1,629  $                         1,106  $                     1,415 12  $                            1,246  $                         1,095  $                     1,449 13  $                            1,514  $                         1,098  $                     1,489 14  $                            1,938  $                         1,122  $                     1,533 15  $                            1,107  $                         1,082  $                     1,353 16  $                            1,856  $                            964  $                     1,387 17  $                            1,114  $                         1,047  $                     1,516   Of the management’s estimate and the auditor’s estimate of environmental clean-up costs, which appears to be noisier?单项选择题

A

Management’s estimate

B

Auditor’s estimate

C

The two estimates are equally noisy.

D

Impossible to tell given information provided.

E

None of the above.

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