____________________ are often referred to as measures of central tendency
Fill in the blank(s) with correct word
Averages
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Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $104,500, allowance for doubtful accounts of $665 (credit) and sales of $925,000. If uncollectible accounts are estimated to be 4% of accounts receivable, what is the amount of the bad debts expense adjusting entry?
A. $3,515 B. $3,700 C. $4,180 D. $3,850 E. $4,845
The number of late insurance claim payouts per 100 should be measured with what type of control chart?
A) x-bar chart B) R-chart C) p-chart D) c-chart E) either p-chart or c-chart
It is against the law for industrial buyers to accept promotion items from suppliers.
Answer the following statement true (T) or false (F)
Fatima enjoys online shopping as it allows her to buy things from a wide range of options from the convenience of her home. She recently bought a food processor online. In this scenario, Fatima is involved in _____.
A. business-to-consumer e-commerce B. business-to-business e-commerce C. business-to-government e-commerce D. consumer-to-consumer e-commerce