When Is It Helpful to Include Percentages Along with Frequencies

question 9

Multiple Choice

When is it helpful to include percentages along with frequencies in an absolute frequency distribution?

• A) always
• B) when the number of cases is more than 10, but less than 100
• C) when the number of cases is large and an uneven number
• D) never. The frequencies are easily understandable by themselves.

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Definitions:

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Journal entries made at the end of an accounting period to transfer temporary accounts to permanent ones, preparing the company's books for the next period.

Fabricated Products Company

A business that specializes in manufacturing and selling products made from raw materials through various processes.

Income Statements

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Perpetual Inventory System

An inventory management method where inventory levels are updated in real time with each sale or purchase transaction.