Use the Table for the Question(s)below

question 54

Multiple Choice

Use the table for the question(s) below.
Consider the following realized annual returns:
-The standard deviation of the returns on the Index from 2000 to 2009 is closest to:

• A)19.5%.
• B)20.5%.
• C)3.8%.
• D)8.8%.

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Definitions:

Adjustment Columns

Special columns found in accounting ledgers and worksheets used for making necessary modifications to accounts at the end of a reporting period.

Depreciation Expense

The cost allocated over the useful life of a tangible asset to account for its decline in value due to use and time.

Accumulated Depreciation

The total depreciation for a fixed asset that has been charged to expense since the asset was acquired and available for use.

Adjusting Entry

A journal entry made at the end of an accounting period to update account balances to reflect accurate and fair financial statements.