A Double Rule Applied to Accounts in the Ledger During

question 51

Multiple Choice

A double rule applied to accounts in the ledger during the closing process implies that

• A) the account is a temporary account.
• B) the account is a balance sheet account.
• C) the account balance is not zero.
• D) a mistake has been made since double ruling is prescribed.

---

Definitions:

Interquartile Range

The difference between the 75th and 25th percentiles of a dataset, representing the spread of the middle 50% of the data.

Tchebysheff's Theorem

A statistical theorem stating that for any distribution, the proportion of outcomes within k standard deviations of the mean is at least 1-1/k^2 for k>1.

Measure Of Shape

Statistical indicators that describe how a dataset is distributed along the axis, including skewness and kurtosis, which indicate asymmetry and the peakedness of the data distribution, respectively.

Tchebysheff's Theorem

A statistical rule that provides a minimum probability of outcomes within a certain number of standard deviations from the mean in any distribution.