Useful for Comparing the Size of Each Category with the Whole

question 145

Multiple Choice

useful for comparing the size of each category with the whole (ie the proportion of the whole population falling in each category) . A bar graph is more useful for comparing the sizes of different categories with each other. Find the mean of the set of data.
-1.202, 12.337, 4.185, 7.194, 5.294 Round your answer to three decimal places.

• A)1.299
• B)6.042
• C)7.553
• D)5.800

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting principles that provide guidelines for financial reporting and are recognized globally.

Deferred Taxes

Deferred taxes are future tax liabilities or assets, reflecting the temporary differences between the accounting income and taxable income.

GAAP

Generally Accepted Accounting Principles are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements in the United States.

Capitalize

The accounting practice of recording a cost or expense on the balance sheet for purposes of delaying full recognition of the expense over time through depreciation or amortization.