The measure of location which is the most likely to be influenced by extreme values in the data set is the

a. range
b. median
c. mode
d. mean


D

Business

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In mediation, the mediator does not give an award or opinion on the merits of the dispute.

Answer the following statement true (T) or false (F)

Business

Entry (4) in the below T-account could represent the cost of property taxes and insurance incurred on the factory. Manufacturing Overhead(2)4,000(7)180,000(3)30,000  (4)80,000  (5)40,000  (6)36,000   190,000 180,000Bal.10,000  

Answer the following statement true (T) or false (F)

Business

An ethical guideline for dealing with confidential information is not to pass it along unless the welfare of others is at stake

Indicate whether the statement is true or false.

Business

Indicate whether each of the following statements is true or false.________ a) The amount of warranty expense is an estimate that is based on the amount of merchandise sold.________ b) A warranty obligation only occurs if a buyer purchases an extended warranty.________ c) When a warranty claim is settled, the seller's equity decreases.________ d) When a warranty claim is settled, the seller's liabilities increase.________ e) Product warranties usually represent legal liabilities that must be reported in the financial statements.

What will be an ideal response?

Business