Which of the Following Is Not One of the Common

question 51

Multiple Choice

Which of the following is not one of the common statistical methods used to show adverse impact?

• A)regression theory
• B)95 percent confidence interval
• C)two to three standard deviations
• D)four-fifths rule

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Definitions:

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time.

LIFO Reserve

A contra-asset for the excess of FIFO over LIFO inventory.

FIFO Costing

An inventory valuation method stating that the oldest inventory items are sold first, with costs of the oldest items being used to calculate profit.

Ending Inventory

The value of goods available for sale at the end of an accounting period.