Statistics to management processes
What do you think is the main contribution of statistics to management processes in an organization? Why? give an example of where and how this could be used in accounting.
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The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2013, the end of its fiscal year: cash, $16,000; accounts receivable, $11,000; inventories, $25,000; equipment (net), $80,000; accounts payable, $14
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