When a Relative Frequency Is Multiplied by 100,it Reflects the Proportion

question 90

True/False

When a relative frequency is multiplied by 100,it reflects the proportion of times the score occurred.

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Definitions:

Transactions

Economic activities or events that affect the financial position of a company and can be quantified in monetary terms.

Journal Entries

Written records of all the financial transactions of a business, which are then used to prepare financial statements.

Debits Equals Credits

A fundamental principle of accounting stating that for every transaction, the total debits must equal the total credits in a double-entry bookkeeping system.

Posting Reference Notation

A symbol, number, or letter added to ledger entries to identify the source document or journal where the transaction was first recorded.