Excel's _____ Function Can Be Used to Compute the Sample

question 63

Multiple Choice

Excel's _____ function can be used to compute the sample covariance.

• A) COVARIANCE
• B) COVARIANCE.S
• C) COVAR
• D) COVAR.S

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Definitions:

Cost Method

An accounting method used to record investments at their original purchase cost.

Consolidated Net Income

Consolidated net income refers to the total earnings of a parent company and its subsidiaries after taxes and expenses, adjusted for minority interests.

Consolidated Retained Earnings

The cumulative amount of net income earned by a parent company and its subsidiaries, less any dividends paid, as presented in consolidated financial statements.

Consolidated Net Income

Consolidated net income refers to the total profit of a parent company and its subsidiaries after all intercompany transactions have been eliminated, representing the overall earnings of the corporate group.