The Head of Accounting at Delores Inc

question 170

Multiple Choice

The head of accounting at Delores Inc.is computing a value that represents the company's financial performance for the previous year.The company made approximately $90,000 in 11 out of the 12 months.In the last month of the fiscal year,the company made $530,000.In this scenario,which measure of central tendency will be least effective as an accurate representation of financial performance?

• A)mean
• B)median
• C)range
• D)mode

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Definitions:

Source of Financing

The origin or means through which funds are provided for business activities, projects, or acquisitions.

Spring Beverage Company

Assuming it is a named entity, this would refer to a specific company involved in the production or distribution of beverages associated with the spring season or having 'Spring' in its name.

Enforceable

Capable of being imposed or upheld by law, referring to contracts, agreements, or rules that can be legally compelled.

Essential Terms

The necessary and fundamental conditions included in a contract that are critical to its enforcement and validity.