Cannot Ever Be Negative Because

question 51

Multiple Choice

cannot ever be negative because

• A)only absolute differences are used in its computation.
• B)a ratio can never be negative.
• C)the mean squares are variances,which cannot be negative numbers.
• D)the larger variance estimate is always placed in the numerator.

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Definitions:

Weekly Salaries

Regular payments made by an employer to its employees, usually based on hours worked, calculated on a weekly basis.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate period for a correct financial picture.

Prepaid Insurance

Payments made in advance for insurance coverage, which are recorded as an asset and expensed over the period of coverage.

Adjusting Entry

An accounting record made to update the balances of accounts to reflect the true financial position before preparing financial statements.