The rule of five requires that the:
a. observed frequency for each cell must be at least 5.
b. degrees of freedom for the test must be at least 5.
c. expected frequency for each cell must be at least 5.
d. difference between the observed and expected frequency for each cell must be at least 5.
C
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Regarding the sales budget, which of the following statements is incorrect?
A) The forecast of sales revenue is the cornerstone of the master budget. B) The level of sales affects expenses and almost all other elements of the master budget. C) The budgeted sales are carried from the sales budget to the balance sheet. D) Budgeted total sales for each product equal the sales price multiplied by the expected number of units
Wilbur files a petition in bankruptcy for relief through an individual's repayment plan. Wilbur is granted a discharge. Debts that will not be discharged include claims for
A. contributions to employee benefit plans. B. money to be paid for services not rendered. C. fraudulently incurred debt. D. long overdue credit-card debt.
An investment banker assumes underwriting risk in both negotiated purchases and privileged
subscriptions with standby agreements. Indicate whether the statement is true or false
Industrial groups are: A)?The basis for EPA effluent guidelines
B)?Irrelevant in pollution standards. C)?Relevant at state levels only. D)?None of the above