A Variance Cannot Be ____

question 126

Multiple Choice

A variance cannot be ____.

• A)positive
• B)zero
• C)the same sign as the standard deviation
• D)negative

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Definitions:

Partners' Equity

The owners' claim on the business assets in a partnership, which equals the net worth of the business divided among its partners.

Net Income

The total revenue of a business minus the total expenses, indicating the company's profitability over a specific time period.

Capital Balances

The amount of money that owners have invested in a business, sometimes referred to as owner's equity or partners' equity in a partnership.