In the United States, the law consists of written laws and court decisions.
Answer the following statement true (T) or false (F)
True
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The proper treatment of a deposit recorded by the business but not yet recorded by the bank is to report the deposit on the bank reconciliation as a(n):
a. addition to the book balance per checkbook. b. deduction to the book balance per checkbook. c. addition to the balance per bank statement. d. deduction to the balance per bank statement. e. none of the above.
The federal court must apply federal laws in deciding diversity of citizenship cases
Indicate whether the statement is true or false
All of the following are true about a cyclical pattern EXCEPT
a. it is often due to multiyear business cycles. b. it is often combined with long-term trend patterns and called trend-cycle patterns. c. it usually is easier to forecast than a seasonal pattern due to less variability. d. it is an alternating sequence of data points above and below the trend line.
The value of an F distribution with v1 = 5 and v2 = 10 degrees of freedom such that the area to its left is 0.95 is 3.33
Indicate whether the statement is true or false