The t distribution is a family of similar probability distributions, with each individual distribution depending on a parameter known as the?
A. ?finite correction factor.
B. ?sample size.
C. ?degrees of freedom.
D. ?standard deviation.
Answer: C
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The estimated amount of uncollectible accounts is adjusted on the work sheet by debiting Allowance for Bad Debts and crediting Bad Debt Expense
a. True b. False Indicate whether the statement is true or false
Why are plants green?
A. They absorb only green wavelengths of light. B. They reflect green wavelengths of light and absorb other colors of the visible light spectrum. C. They absorb only yellow and blue wavelengths of light, which when mixed within the leaf, give plants their characteristic green color. D. They reflect the colors of the visible light spectrum and absorb all of the wavelengths associated with the ultraviolet spectrum. E. They reflect all of the ultraviolet wavelengths and absorb all of the visible light spectrum.
A company has net sales of $50,000 during the year. At year end (before an adjustment is made), Allowance for Uncollectible Accounts has a credit balance of $2,500 . If the company estimates that 3 percent of net sales are uncollectible and the company uses percentage of net sales method, what is the balance in the allowance account after the year-end adjustment has been made?
a. $1,500 debit balance b. $1,500 credit balance c. $4,000 credit balance d. $1,000 debit balance
Through ________, one firm sells another firm the right to use a legally protected brand name for a specific purpose for a specific period of time
A) umbrella branding B) store branding C) franchising D) licensing E) trademarking