For a Random Variable X,if V(cX)= 4V(X),where V Refers to the Variance,then

question 90

True/False

For a random variable X,if V(cX)= 4V(X),where V refers to the variance,then c must be 2.

Acknowledge the importance of cost-benefit analysis in implementing and maintaining accounting information systems.

Recognize the essential need for professional judgment and basic knowledge of accounting systems by decision-makers.

Understand the division of labor and control procedures facilitated by special journals.

Understand how to join tables in a database and the purpose of doing so.

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Definitions:

Par Value

The face value of a bond or the stock value stated in the corporate charter, which is the minimum legal capital per share.

Dividend

A portion of a company's earnings distributed to shareholders, representing a share of the corporate profits.

Noncumulative Preferred Stock

A type of preferred stock where missed dividend payments are not accumulated. Investors are not entitled to claim missed dividends in the future.

Par Common Stock

The face value of common stock as stated in the corporate charter; often a nominal amount that has no relation to its market price.