Interest Expense on a Worksheet's Trial Balance Debit Column Has

question 75

Multiple Choice

Interest expense on a worksheet's trial balance debit column has a $3,400 balance and a $4,000 balance on the worksheet's income statement debit column. The difference is due to:

• A)an entry in the adjustments credit column for $600 to interest expense.
• B)an entry in the adjustments debit column for $4,000 to interest expense.
• C)an entry in the adjustments credit column for $4,000 to interest expense.
• D)an entry in the adjustments credit column for $600 to interest payable.

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Definitions:

Risk-free Portfolio

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Standard Deviation

A statistical measure of the dispersion or variability of a set of values, indicating how much the values differ from the mean.

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A concept in modern portfolio theory that represents a set of optimal portfolios offering the highest expected return for a defined level of risk.

Standard Deviation

A statistical measure of the dispersion of returns for a given security or market index, often used to gauge the amount of variability or volatility of an investment.