A CFO Is Looking at What Percentage of a Company's

question 39

Multiple Choice

A CFO is looking at what percentage of a company's resources are spent on computing. He samples companies in the pharmaceutical industry and develops the following stem-and-leaf display (leaf unit = 0.1) . What is the approximate shape of the distribution of the data?

• A) normal
• B) skewed to the right
• C) skewed to the left
• D) bimodal
• E) uniform

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Definitions:

Accounting Period

A specific duration of time used in accounting to prepare financial statements, often a quarter or a year.

Interest Earned

Income received from investments in interest-bearing accounts or securities, such as savings accounts, bonds, or loan interest.

Investment

The allocation of resources, usually money, in the expectation of generating an income or profit.

Personal Expense

Expenses incurred by individuals for non-business-related activities, often not tax-deductible.