You and the CEO of your company are waiting on an elevator. You are going to the 25th floor and the CEO is going to the 35th floor. The CEO says “What is the difference between relevance and faithful representation?” You have two minutes to respond, but be complete. What will you say?

Problem II (Part A Income Statement) (25 points) From the information given below, prepare an  Income Statement IN GOOD FORM.  Donald Duck, the sole stockholder, began Geese, Inc., on August 1, 2021. The accounts balances below are the summary of transaction analyses for Geese, Inc. and contains the following balances on September 30, 2021 AFTER any needed adjustments for September have been completed. Geese, Inc. prepares monthly Financial Statements. Note: the parts are interconnected. Accounts Receivable $11,400   Prepaid Insurance $  1,800 Accounts Payable 7,400   Maintenance and Repairs Expense 1,200 Cash 15,940   Service Revenue 15,500 Equipment 59,360   Dividends 800 Utilities Expense 950   Common Stock 40,000 Insurance Expense 600   Salaries and Wages Expense 8,400 Notes Payable, due 2025 31,450   Salaries and Wages Payable 900       Retained Earnings (September 1, 2021) 5,200 To create a table, open the table editor as indicated in the image below. (Add rows and columns as needed. Suggestion, leave two blank rows at the top of the table.)

Scrap paper

The data below represents the number of words typed in one minute by 12 randomly selected students.  14        25          39         46         55        58 67        67          68         71         74        77 a) Represent the data in a Stem-and-Leaf plot. Sketch the graph neatly on your scratch paper. b) Look at the shape of the data.  What is the distribution of the data? [1]

Given the data set​ below, construct a frequency distribution table using 4 classes. 14 19 19 20 22 29 31 33 38 48 51 67 a) What is the class width?  b) Construct the frequency distribution table using 4 classes.  Show your work and your frequency table neatly on your scratch paper for parts a and b and enter your answer below.  

The Stem-and-Leaf graph represents the ages of U.S presidents on the day of the inauguration.   Answer the following questions. How many presidents are included in the study? [1] What is the range of the presidents’ ages? [2] What is the mode? [3]   If there is more than one mode, put a comma between the modes.

Computing Z-scores Many colleges require and strongly consider SAT scores in the admission process. The mean SAT score on the Math portion is 540 with a standard deviation of 87. One applicant to a college scored 670 on the SAT Math test. Use the formula from class to find the​ applicant’s z-score, and state whether the score is usual or unusual. Show Work:  Supporting work will show how you computed the Z-score.

_______ has greatly enhanced marketer’s ability to learn about and interact with customers.

Thanks to technological advances, _______ offer exciting opportunities to target customers more selectively and engage them more deeply.

In the previous question, four of the possible choices include the suffix -somes. What does -somes (som, soma) mean? I expect you to use college-level writing skills as you compose your paragraph: complete sentences, grammatically correct sentences, correct spelling, standard capitalization, and standard punctuation.