normal distribution MULTIPLE CHOICE1.The first level of a computerized accounting system, which involves recordingthe company name, address, identification numbers, fiscal periods, accounts, and balances, iscalleda. New Company Setup.b. Lists/Centers.c. Activities.d. Reports.2. The order of operations in QuickBooks isa. Activities, Reports, New Company Setup, Lists/Centers.b. New Company Setup, Lists/Centers, Activities, Reports.c. Updating Lists/Centers, New Company Setup, Activities, Reports.d. Reports, New Company Setup, Activities, Updating Lists/Centers.3. The phase of a computerized accounting system in which day-to-day transactionsare entered into the system is calleda. New Company Setup.b. Lists/Centers.c. Activities.d. Reports.4.is the process of recording, summarizing, and presenting thefinancial information of a company.a. Reconcilingb. Accountingc. Financingd. All of the choices are correct.5. In the No Company Open window, the choices includea. Create a new company, Open or restore an existing company, and Open a sample file.b. Create a new company, Open an existing company, and Back up a company file.c. Create a new company, Delete an existing company, and Edit an existing company.d. Create a new company, Restore an existing company, and Back up a company file.6. Which is not a version of the QuickBooks software?a. QuickBooks Prob. QuickBooks Premierc. QuickBooks Enterprise Solutionsd. QuickBooks Consolidation Solutions7.What file extension is automatically assigned to the working copy of a companyfile in QuickBooks?a. .QBRb. .QBWc. .QBNd. QBB1

Accounting software is software designed especially for businesses to do their accounting in an…

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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normal distribution

MULTIPLE CHOICE
1.
The first level of a computerized accounting system, which involves recording
the company name, address, identification numbers, fiscal periods, accounts, and balances, is
called
a. New Company Setup.
b. Lists/Centers.
c. Activities.
d. Reports.
2. The order of operations in QuickBooks is
a. Activities, Reports, New Company Setup, Lists/Centers.
b. New Company Setup, Lists/Centers, Activities, Reports.
c. Updating Lists/Centers, New Company Setup, Activities, Reports.
d. Reports, New Company Setup, Activities, Updating Lists/Centers.
3. The phase of a computerized accounting system in which day-to-day transactions
are entered into the system is called
a. New Company Setup.
b. Lists/Centers.
c. Activities.
d. Reports.
4.
is the process of recording, summarizing, and presenting the
financial information of a company.
a. Reconciling
b. Accounting
c. Financing
d. All of the choices are correct.
5. In the No Company Open window, the choices include
a. Create a new company, Open or restore an existing company, and Open a sample file.
b. Create a new company, Open an existing company, and Back up a company file.
c. Create a new company, Delete an existing company, and Edit an existing company.
d. Create a new company, Restore an existing company, and Back up a company file.
6. Which is not a version of the QuickBooks software?
a. QuickBooks Pro
b. QuickBooks Premier
c. QuickBooks Enterprise Solutions
d. QuickBooks Consolidation Solutions
7.
What file extension is automatically assigned to the working copy of a company
file in QuickBooks?
a. .QBR
b. .QBW
c. .QBN
d. QBB
1

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

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