Compute IQR for the following data. 10 15 17 21 25 12 16 11 13 22
a. 6.25
b. 7.75
c. 5.14
d. 9.50
D
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The data flow between "prepare paychecks" and "prepare disbursement voucher" is the payroll register
Indicate whether the statement is true or false
Historically, the primary emphasis for the sales force was on increasing the volume of sales transactions.
Answer the following statement true (T) or false (F)
As part of a company's normal course of business, errors, omissions, and changes occur in the financial statements. Certain items may be reported on the income statement, some may directly adjust the balance in retained earnings, while others do not affect the current period's income statement or retained earnings. Required:
a. Consider a change in estimate, such as the useful life of an asset moving from five to eight years. How is this handled on the income statement and/or through the retained earnings account? b. Consider an error/omission, such as merchandise inventory being left out of the final yearly count. How is this handled on the income statement and/or through the retained earnings account?
All of the businesses and people involved in the physical movement and transfer of ownership of goods and services from producer to consumer constitute _____
a. a channel of distribution b. wholesaling c. retail management d. the sorting process