Provide an Appropriate Response Construct a Pareto Chart of the Data

question 4

Essay

Provide an appropriate response.
-A study was conducted to determine how people get jobs. Four hundred subjects were randomly selected and
the results are listed below. $$\begin{array} { l | c } { \text { Job Sources of } } & \\\text { Survey Respondents } & \text { Frequency } \\\hline \text { Newspaper want ads } & 72 \\\text { Online services } & 124 \\\text { Executive search firms } & 69 \\\text { Mailings } & 32 \\\text { Networking } & 103\end{array}$$ Construct a Pareto chart of the data.

---

Definitions:

Adjusting Entries

Entries recorded at the conclusion of an accounting period to adjust the account balances prior to the creation of financial statements.

Revenue And Expense

Key components of an income statement, with revenue representing income earned and expense depicting costs incurred in generating that income.

Correcting Entries

Journal entries made in accounting to correct previously made errors or adjustments in the financial statements.

Accrual Basis

An accounting method that records revenues and expenses when they are earned or incurred, regardless of when cash is exchanged.