Facts and figures that are collected, analyzed and summarized for presentation and interpretation are
a. variables

b. elements.
c. time series data.
d. data.


d

Business

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Cooper Company receives $32,000 in cash for services performed in advance. At the end of the year, Cooper Company has earned $23,500 . The adjustment would involve a

a. debit to Unearned Services, $23,500 . b. credit to Income from Services, $32,000 . c. debit to Unearned Services, $8,500 . d. debit to Cash, $23,500 .

Business

The difference between the debits and credits for each pair of columns in the Income Statement and Balance Sheet columns of the work sheet represents net income or net loss

Indicate whether the statement is true or false

Business

Which statement is not true about the constant b in the bivariate regression equation ? i = a + bXi?

A) It is usually referred to as the non-standardized regression coefficient. B) It is the slope of the regression line and it indicates the expected change in Y when X is changed by one unit. C) It is the intercept of the regression line and it indicates the value of Y when X is zero. D) It may be computed as b=COVxy/Sx2.

Business

A typical direct-marketing agency does not include a creative department.

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

Business