According to Benford's Law, What Is the Expectation for the Percentage

question 46

Multiple Choice

According to Benford's law, what is the expectation for the percentage of times that the first digit of a number is the number "1"?

• A) 15.12%
• B) 24.58%
• C) 35.80%
• D) 30.10%

Understand the concept of power in different political structures, including its concentration and distribution.

Recognize how individual and collective actions can influence political outcomes.

Understand the role of warfare and military expenditure in global politics.

Understand the various categories of psychoactive drugs and their effects on mental health and physical well-being.

---

Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to update the ledger accounts for accruals, deferrals, and other adjustments necessary to ensure accurate financial reports.

Revenue Account

A revenue account tracks the income generated from a company's primary operations, such as sales of goods and services, during an accounting period.

Unearned Management Fees

Income received by a business for services that have not yet been rendered, considered a liability until the service is provided.

Management Fees Revenue

Income earned by a company for providing managerial services, which can include advisory, administrative, or general management services.