Class ________ are the number of observations for each class of a frequency distribution using grouped quantitative data
A) boundaries
B) frequencies
C) widths
D) numbers
B
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Echo Corporation plans to sell a small building to Nate, its 65% shareholder. The building was placed in service five years ago. An independent appraisal will be obtained to set the selling price at an appropriate market price, and a $50,000 gain is expected to result. The only asset previously sold by Echo was a stock investment five years ago which resulted in a $40,000 loss. If the sale of the building closes before year-end, the gain on the building will allow recognition of the capital loss carryover before it expires.
Answer the following statement true (T) or false (F)
On a corporate income statement, income from continuing operations
a. will exceed net income. b. will equal net income. c. will be less than net income. d. can equal, exceed, or be less than net income.
A petty cash fund should have just enough cash to make minor expenditures over a reasonable period (such as a week or a month).
Answer the following statement true (T) or false (F)
Briefly discuss the circumstances which violate an employee's privacy rights?
What will be an ideal response?