Data may include
A. text. C. images.
B. numbers. D. all of the above.
D
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Which one of the following is not a recognized method of recognizing assets as expenses in a particular accounting period?
a. Customers' account balances in accounts receivable are assigned to expense in the period in which each customer pays. b. Prepaid insurance is assigned to expense as the insurance expires. c. A building is depreciated and its cost is assigned to the current and future accounting periods in which the building is expected to be used. d. Merchandise inventory is assigned to cost of goods sold in the period the goods are sold.
A sample of n observations is taken from a normal population. The appropriate chi-square distribution has
A. n degrees of freedom. B. n - 1 degrees of freedom. C. n - 2 degrees of freedom. D. n - 3 degrees of freedom.
When a supplies internal service fund records a billing to the General Fund, the journal entry in the General Fund will include:
A. A credit to Interfund Loans Payable. B. A debit to Cost of Supplies Issued. C. A debit to Expenditures. D. A credit to Billings to Department.
A common graphical presentation of quantitative data is a _____
a. histogram b. bar chart c. relative frequency d. pie chart