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Provide an appropriate response.
-Boxplots are graphs that are useful for revealing central tendency, the spread of the data, the distribution of the data and the presence of outliers. Draw an example of a box plot and comment on each of these characteristics as shown by your boxplot.

Grasp the accounting equation and its application in financial reporting.
Know the concepts and assumptions foundational to financial accounting practice.
Understand the ethical requirements and considerations in accounting practices.
Recognize the various authoritative bodies and their roles in establishing accounting standards.

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