Let the Random Variable Z Follow a Standard Normal Distribution,and

question 128

Multiple Choice

Let the random variable Z follow a standard normal distribution,and let z₁ be a possible value of Z that is representing the 10th percentile of the standard normal distribution.Find the value of z_1.

• A)0.255
• B)-0.255
• C)1.28
• D)-1.28

---

Definitions:

Liability

Financial obligations or debts that an entity owes to another party, which need to be settled over time through the transfer of economic benefits including money, goods, or services.

Adjusting Entry

An adjusting entry, in accounting, is utilized to update the records for expenses and revenues that have accrued but not yet been recorded in the general ledger by the end of an accounting period.

Accumulated Depreciation

The cumulative amount of depreciation expense recorded for fixed assets over their useful lives, reflecting the decline in the assets' value from wear and tear or obsolescence.

Depreciation Expense

The allocated amount of an asset's cost that is expensed during a given period, reflecting the asset's consumption or loss of value.