Match the Terms with the Definitions

question 67

Multiple Choice

Match the terms with the definitions.

-Telling the results of the financial information.

• 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:

Bias

A systematic error or deviation from the true value in data collection, analysis, interpretation, or review that can lead to incorrect conclusions.

Trimmed Mean

Trimmed Mean is a measure of central tendency calculated by removing a specified percentage of the smallest and largest values from a data set before calculating the mean of the remaining data.

Resampling Method

A statistical technique that involves taking repeated samples from observed data, used for estimation or testing hypotheses.

Bootstrap

A statistical method that involves resampling with replacement from a dataset to assess variability in a statistic.