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Indicate whether the statement is true or false

TRUE

Business

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Trade accounts receivable are valued and reported on the balance sheet

A. at net realizable value B. only if they are not past due C. at gross amounts less sales returns and allowances D. in the investment section

Business

Which of the following is the maximum permissible difference between the sample statistic and the population parameter?

A) confidence interval B) random sampling error C) precision level D) standard deviation E) range

Business