When using the t-distribution in a hypothesis test, the population does not need to be assumed normally distributed
Indicate whether the statement is true or false
FALSE
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Standards for state and local governments are established by the
a. IRS. b. IASB. c. GASB. d. AICPA.
Which of the following should be included in an employer's policy prohibiting harassment?
a. assurance that employees reporting harassment will be protected from retaliation b. assurance of strict confidentiality in handling harassment complaints c. a clear and accessible procedure for reporting harassment d. a and c e. all of the above
An account with a balance that carries over from one accounting period to another is a nominal account.
Answer the following statement true (T) or false (F)
Raina owns 100% of Tribo Inc., an S corporation. She started the business this year with a $100,000 capital contribution. In addition, the business borrowed $50,000 from the bank which she had to guarantee. Tribo incurred a first year operating loss of $170,000. Raina will deduct an ordinary loss this year of
A. $170,000. B. $150,000. C. $0. D. $100,000.