A Newly Created Design Business Called Smart Art Is Just

question 81

Multiple Choice

A newly created design business called Smart Art is just finishing up its first year of operations.During the year,there were credit sales of $40,000 and collections of $36,000.One account for $650 was written off.Smart Art uses the aging method to account for uncollectible account expense,and has calculated an amount of $200 as their estimate of uncollectible amounts at year-end.
-At the end of the year,what is the ending balance in Uncollectible account expense?

• A) $150
• B) $800
• C) $200
• D) $850

Understand the concept of a box plot and its components.

Understand the measures of central tendency (median, quartiles) and their roles in data summarization.

Grasp the concept of variability measures such as range, interquartile range, and standard deviation.

Identify how percentiles, deciles, and quintiles relate to data distribution.

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Definitions:

Piaget

A Swiss psychologist renowned for his theories on cognitive development in children, positing stages through which children's thinking evolves from simple to complex structures.

Object Permanence

The understanding that objects continue to exist even when they cannot be observed (seen, heard, touched, smelled, or sensed in any way).

Practice

The repeated exercise or performance of an activity or skill so as to acquire or maintain proficiency in it.

Perseveration

is the repetition of a particular response, such as a word, phrase, or gesture, despite the absence or cessation of a stimulus.