The Highest Score Minus the Lowest Score Is Equal to the ______

question 23

Multiple Choice

The highest score minus the lowest score is equal to the ______.

• A)standard deviation
• B)inclusive range
• C)exclusive range
• D)variance

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Definitions:

Selling Price

The amount of money for which a product or service is offered for sale to customers.

Customer Refund Payable

A liability account representing the obligation of a business to return money to a customer due to overcharging or returning merchandise.

Accounting Equation

A fundamental financial principle representing the relationship between an entity’s assets, liabilities, and equity; expressed as Assets = Liabilities + Equity.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the owners' share of the company.