A Chi-Square Goodness-Of-Fit Test Is to Be Performed $\mathrm { n } = 50$

question 61

True/False

A chi-square goodness-of-fit test is to be performed. The relative frequencies for the null
hypothesis and the sample size are given. True or false, the assumptions for using a chi-square
goodness-of-fit test are satisfied? Sample size: $\mathrm { n } = 50$
Relative frequencies: $0.23,0.01,0.33,0.13,0.3$

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Adjusting Entry

A journal entry made at the end of an accounting period to allocate revenue and expenses to the appropriate periods.

December Rent

A specific expense related to the leasing of property or space that is due in the month of December.

Adjusting Entries

Ledger entries prepared at an accounting cycle's end to correctly allocate income and expenses to the period they occurred.

Potential Manipulation

The possibility of altering financial data or operational practices to present a misleading view of a company's financial health or performance.