Which of the Following Requires the Calculation of a Real

question 4

Multiple Choice

Which of the following requires the calculation of a real range?

• A) frequency distributions for categorical
• B) frequency distributions for ungrouped data
• C) frequency distributions for grouped data
• D) frequency distributions that do not use real data

---

Definitions:

Accounting Information

Data related to financial transactions and status of a business, used for analysis, planning, and decision-making purposes.

Business Entities

Legal structures through which business is conducted, including sole proprietorships, partnerships, corporations, and LLCs.

Net Income

The profit a company has left over after all expenses, taxes, and costs have been subtracted from total revenue.

Rent Expense

The cost incurred by a company to utilize property or equipment for business operations, typically recognized in the income statement.