The measures of central tendency most used by compensation managers are

(a) the mean and the mode
(b) the mean and the midrange
(c) the median and the midrange
(d) the mean and the median

d

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Use the information in Table 4.1 to determine the 2013 long term debt to equity ratio for Bacon Signs

A) $5,500/$5,420 = 1.01 B) $5,500/$9,620 = 0.57 C) $6,678/ $5,420 = 1.23 D) $6,678/$9,620 = 0.69

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Which of the following is the basic governmental fund accounting equation?

A. Assets – Liabilities = Net Assets. B. Financial Assets – Related Liabilities = Fund Balance. C. Financial Assets + Deferred Outflows – Related Liabilities – Deferred Inflows = Fund Balance. D. Assets + Deferred Inflows – Liabilities – Deferred Outflows = Net Position

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