Match the Terms with the Definitions

question 19

Multiple Choice

Match the terms with the definitions.

-Reviewing and testing to be certain that proper accounting policies and practices have been followed.

• A) accountant
• B) accounting
• C) accounting derk
• D) analyzing
• E) auditing
• F) bookkeeper
• G) budgeting
• H) Certified Public Accountant
• I) classifying
• J)controller
• K) corporation
• L) cost accounting
• M) financial accounting
• N) generally accepted accounting principles
• O) internal auditing
• P) interpreting
• Q) manufacturing business
• R) merchandising business
• S) para-accountant
• T) partnership
• U) recording
• V) reporting
• W) service business
• X) sole proprietorship
• Y) summarizing
• Z) tax accounting

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Definitions:

Variances

A measure of the dispersion of a set of data points around their mean; essentially, it quantifies how much the data points differ from the mean.

Bivariate Distributions

Probability distributions that involve two random variables, analyzing the correlation and dependencies between them.

Expected Values

The predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values.