At December 31, 2014, Before Any Year-End Adjustments, Dallis Company's

question 136

Multiple Choice

At December 31, 2014, before any year-end adjustments, Dallis Company's Prepaid Insurance account had a balance of $2,900. It was determined that $1,300 of the Prepaid Insurance had expired. The adjusted balance for Insurance Expense for the year would be:

• A) $1,300.
• B) $1,600.
• C) $2,900.
• D) $1,400.

Understand and calculate the range of data sets to determine variability.

Calculate the interquartile range (IQR) and apply it to various data sets.

Analyze precipitation data and apply statistical analysis to environmental data.

Identify and calculate statistics related to salaries, incomes, and financial data, including outliers.