The Study of Statistics Can Be Defined as

question 32

Multiple Choice

The study of statistics can be defined as

• A)The language of data.
• B)The art and science of getting information from data.
• C)The study on collecting,analyzing,presenting,and interpreting data.
• D)All of the above.

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Definitions:

Current-Rate Method

A method of foreign currency translation where all financial statement items are converted at the current exchange rate.

Translation Gain

A non-cash gain resulting from the conversion of foreign currency financial statements into the reporting currency of the parent company in consolidation.

Integrated Subsidiary

A subsidiary whose operations are closely intertwined with its parent company, often sharing management and functional processes.

Reporting Currency

The currency used in the financial statements of a company, typically the national currency of the country where the company is located.