In practice, we frequently use a continuous distribution to approximate a discrete one when the number of values the variable can assume is countable but very large

Indicate whether the statement is true or false


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Business

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At the end of an accounting period, the balance in the Finished Goods Inventory account is made up of the costs of products completed but not sold as of that date

Indicate whether the statement is true or false

Business

One benefit of conducting an audience analysis is that it helps you to ______.

a. predict how your audience will respond to your message b. generalize about your audience based on their demographics c. identify a topic you find interesting d. identify precisely who will be in your audience

Business

Which of the following is an example of a variable component of a payroll system?

A) hours worked B) Medicare tax rate C) rate of pay D) Social security tax rate

Business

The balance of the Prepaid Insurance account at the beginning of the year totaled $325 . During the year, policies were purchased at a total cost of $1,350 . If the unexpired balance of the policies at the end of the year totals $1,000, what amount will be charged to the Insurance Expense account?

a. $1,650 b. $2,350 c. $25 d. $675 e. None of the above

Business